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Mohammad Damak

Mohammad Damak latest

GCC countries are still far from adopting resolution regimes discussed during the financial crisis in 2008, a report says. (File photo)
February 14th, 2018 - 11:30 GMT

GCC Banks Still Far From 2008 Resolutions: Report

Banks in the Gulf Cooperation Council (GCC) are still far from the implementation of resolution regimes discussed during the financial crisis in 2008, says S&P Global Ratings in a report.
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Banks across the GCC are expected to see stabilization of the financial profiles and performance after two years of significant pressure, according to S&P Global Ratings. (Shutterstock)
January 14th, 2018 - 12:24 GMT

GCC Banks to Stabilize in 2018: Report

The merger between First Gulf Bank and National Bank of Abu Dhabi is a trend that is likely to continue as banks look at improving efficiency. (File photo)
September 21st, 2016 - 11:00 GMT

GCC banking sector faces declined growth in 2016: S&P

Bahrain and Oman have been exceptions in the GCC as more active issuers of sukuk and conventional bonds. (Shutterstock)
July 4th, 2016 - 11:31 GMT

GCC sukuk issuance likely to remain muted in 2016: S&P

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