It's not an unreasonable idea that banking liquidity and economic growth in the Gulf region would move roughly in line with the countries' oil receipts, and therefore oil prices.
Equally, the phenomena of boom and bust, of excess and shakeout, are familiar to all, and especially so in a quasi-currency bloc where interest and exchange rates are essentially pegged, and wealth accumulation relates so predominantly to the energy resource.
For the banks, however, there are refinements and distinctions to be drawn in their experience of lending, even beyond the respective risk management practices of individual institutions.
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