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Timucin Engin

Timucin Engin latest

Al Bawaba
January 12th, 2016 - 07:17 GMT

Less liquidity due to weak bank deposits

As low oil prices take their toll, the UAE's bank deposit market will continue to weaken in 2016, leading to further tightening of liquidity accompanied by higher interest rates and a further slowdown in credit growth.
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Credit growth is expected to remain largely unchanged for 2015, according to Standard & Poor's analysts. (File photo)
August 30th, 2015 - 01:00 GMT

Oil price slump hits Islamic financial services

Al Bawaba
August 16th, 2015 - 09:00 GMT

Declining oil prices cast shadow over GCC Islamic banking: S&P

Lower oil prices are expected to feed through into reduced economic growth in the Gulf Arab state this year.
February 17th, 2015 - 08:38 GMT

Crunch time: UAE banks' profit growth may fall this year

Al Bawaba
May 24th, 2014 - 12:15 GMT

Disproportional harm? Burden of hypothetical Dubai property market crash to fall on investors

Analysts expect a strong rebound in credit growth and improvement in asset quality and profitability among GCC banks (File Archive/Shutterstock)
January 28th, 2014 - 01:41 GMT

Why GCC banks are expecting high profits in 2014

Qatar’s four Islamic lenders will almost double their asset base to $100bn by 2017.
September 19th, 2013 - 09:52 GMT

An unholy connection? Qatar's Islamic banks thriving on lavish World Cup spending

Banks in the Gulf lack lending and credit underwriting experience outside their region, which we view as a significant risk factor
February 4th, 2013 - 12:25 GMT

GGC banks snapping up MENA rivals

Banks in the Gulf have capital to spare, and are literally capitalizing on their traditional strengths
February 3rd, 2013 - 11:45 GMT

Gulf banks flush with cash outpace Europeans in MENA — S&P

GCC banks' lending and investment exposures to the euro zone are very limited
July 5th, 2012 - 01:36 GMT

Gulf banks on safe ground

UAE economic growth will decelerate to 3 percent this year from 4.9 percent in 2011 as oil output growth eases
May 10th, 2012 - 12:53 GMT

Lend-Slide: Top UAE banks lending falls

Bank lending in the UAE, a federation of seven emirates including Abu Dhabi and Dubai, grew more than 30 percent annually in the four years to 2008
May 10th, 2012 - 12:01 GMT

UAE bank lending slows down in line with growth

Independent analysts said in countries such as Egypt and Lebanon, the banking sector could face negative rating action
December 12th, 2011 - 05:12 GMT

S&P to review ratings of 50 banks in Middle East

Al Bawaba News

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