Wednesday 20, March 2013 by Isla MacFarlane
S&P: Economic growth, strong capitalisation keeps Gulf Banks on path to recovery
Gulf banks will likely continue their steady recovery from the global financial crisis this year, aided by healthy economic growth in the Gulf cooperation Council (GCC) and still high oil prices, says Standard & Poor's Ratings Services today (20 March) in the report A Growing Economy And Strong Capitalization Keeps Gulf Banks On A Path To Recovery.
