UAE banks’ solvency profiles stronger than those of GCC peers | GulfNews.com:
"Amidst challenging operating conditions, the UAE’s more diversified economy and the macro-prudential initiatives in real estate and banking regulations since the 2008 global financial crisis will support the solvency profiles of banks, according to rating agency Moody’s.
With the oil slump still pressuring the funding environment for lenders across the GCC, the UAE banking sector remains moderately exposed to a prolonged period of low oil prices.
Deposit growth is expected to slow significantly to around 3 per cent, down from the 2012-14 levels of around 10 per cent."
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