Thu, Oct 23, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Gulf banks try to raise asset quality

Posted on 25 May 2009

From Gulfnews.com: Deteriorating asset quality and an increase in non-performing, or bad loans, will be the key challenges regional banks will have to overcome, according to a senior analyst at credit ratings agency Standard & Poor’s.

“Our view is that asset quality deterioration will continue. There’s always a time lag effect between the slowdown in the economy and the appearance of the non performing loans [NPLs]. So for the next few quarters, we will continue to see some negative news in the corporate sector,” Emmanuel Volland, senior director for financial services said…….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031