05.10.2009 - Gulf banks to suffer under burden of third-quarter provisions for loan losses
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