A tough year awaits Gulf Banks in 2017
Lesson Brief
CNBC Arabia
On January 24, CNBC Arabia reported on Standard & Poors' outlook for Gulf banks in 2017. According to the international credit rating agency, tough operating conditions await Gulf Banks in 2017 as reflected by a drop in liquidity levels and an increase in risk premiums as a direct result of increasing rates of default. This set features some excellent economics and banking related vocabulary and the attached video is a transcript of the article.
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- defaults
- حالات التعثر
- ultimately
- بنهاية المطاف
- deterioration
- التدهور
- to be reflected, evident
- تَجَلَّى ، يَتَجَلَّى
- predictions
- توقعات
- the private sector
- القطاع الخاص
- as a direct result
- كنتيجة مباشرة
- liquidity levels
- مستويات السيولة
- the economic growth
- النمو الاقتصادي
- the credit rating agency
- وكالة التصنيف الائتماني