Effects of the oil price collapse and coronavirus on GCC banking systems outlooks
April 8th 山东11选5开奖视频 (5.45 mins)
Sean Marion and Nitish Bhojnagarwala from the Financial Institutions team discuss the key drivers behind our decision to change the outlook on five GCC banking systems to negative from stable.
Banking System Outlook Update - United Arab Emirates: Economic effects of coronavirus outbreak, oil price drop tip our outlook to negative
The negative outlook reflects our view that low oil
prices and the impact of the coronavirus pandemic will hurt the banks' loan
quality, profits and funding over the next 12 to 18 months.