GCC banks to see a wave of mergers amid pandemic-driven economic slowdown, Moody’s says
- Date: 06-Oct-2020
- Source: The National
- Sector:Financial Services
- Country:GCC
GCC banks to see a wave of mergers amid pandemic-driven economic slowdown, Moody’s says
Banks in the Gulf region will increase merger and acquisition activity as they look to gain scale to offset the impact of lower oil prices and the pandemic on profit margins, according to Moody's
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