July 6, 2020 / 7:12 AM / a month ago

BRIEF-Moody's Says GCC Banks' Profits To Slide On Low Oil Prices And Pandemic

July 6 (Reuters) - Moody’s:

* MOODY’S SAYS GCC BANKS’ PROFITS TO SLIDE ON LOW OIL PRICES AND PANDEMIC, WHILE CAPITAL REMAINS SOUND

* MOODY’S SAYS GCC BANKS’ PROFITS WILL FALL BECAUSE OF HIGHER LOAN LOSS PROVISIONS AND LOWER INTEREST INCOME

* MOODY'S SAYS ECONOMIES OF ALL SIX GCC COUNTRIES WILL CONTRACT Source: bit.ly/38w7vYz

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below