Sat, Mar 7, 2015
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Gulf banks remain strong despite jump in bad loans

Posted on 11 February 2010

From Gulfnews.com: Gulf banks are fundamentally strong despite an unprecedented increase in non-performing loans and high provisions witnessed last year, according to a senior Standard Chartered official.

“Governments and central banks in the region have been wise to add money into the banking system in the early days of the financial crisis. With the strong government support the banks have weathered the storm,” Lenny Feder, Group Head of Financial Markets at Standard Chartered Bank, said………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« May    
 1
2345678
9101112131415
16171819202122
23242526272829
3031