Thursday 12, April 2018 by Jessica Combes

Rising oil prices ease GCC banks’ funding pressures

 

Rising oil prices have largely lifted what has been three years of intense funding pressure for banks in the Gulf Cooperation Council (GCC) countries as government deposits increase, says Moody's Investors Service in a new report.

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more