11.03.2010 - Gulf banks to lag 2010 rally, may get govt aid
From Gulf-times.com: The Gulf’s banking sector is likely to lag an anticipated regional economic recovery in 2010, but the industry could see continued government support, analysts at Standard & Poor’s Rating Services said yesterday. “We consider all GCC governments interventionist,” Emmanuel Volland, S&P’s director of financial institutions ratings said on a conference call with reporters yesterday. “We expect a high level of support for banks.”...............................................Full Article: Source
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