NPL ratios set to surge as GCC central banks roll back relie… – MENAFN.COM

NPL ratios set to surge as GCC central banks roll back relie… – MENAFN.COM

(MENAFN- Khaleej Times) The non-performing loan (NPL) ratios of GCC banks are expected to surge in the next 12-24 months as central banks gradually withdraw forbearance measures and the pandemic's impact on weaker businesses are laid bare, analysts at S&P Global Ratings said.