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From Gulf-times.com: Arab banks in the Gulf will continue to face financial headwinds as loan-loss provisions continue to weigh on balance sheets in the third quarter.
“Overall we expect average loan-loss provisions to rise as delinquencies rise,” Daniel Cowan, research analyst at Morgan Stanley told Zawya Dow Jones………………Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more
Gulf banks to suffer under burden of third-quarter provisions for loan losses
| Posted on 05 October 2009 |
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