GCC banks to see earnings hit by lower interest rates - Fitch

While most GCC banks are likely to see their earnings negatively impacted from the interest rate cuts between Q4 2024 until 2026, Saudi Arabian banks are likely to be less hard-hit.
ZAWYA.com, a part of London Stock Exchange Group, is a leading source of regional news and intelligence, serving millions of professionals from the UAE, Saudi Arabia, Egypt, and the rest of MENA. The website has both English and Arabic versions.
ZAWYA offers the latest news and analysis from regional and global markets throughout the day. News on equities, commodities, and currencies is updated on a real-time basis.
Follow us on:
Facebook: / zawya
Twitter: / zawya
LinkedIn: / zawya
Instagram: / zawya.news