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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