Published: Oct 01, 2014
Source: Emirates 24|7


Email this story Print this page zoomin zoomout

Gulf loan pricing bites bank margins

GCC loan margins down 47.37 bps in 2014 vs 3.7 bps in APAC

Gulf banks are feeling the pinch of rapidly shrinking corporate loan margins, with some predicting a bounce in lending rates as soon as the first half of 2015 as the escalating price war bites into profitability.

Lenders are being forced to cut rates and loosen lending terms to secure business as local banks, flush with cash as their balance sheets recover from the global financial crisis, seek ways to earn a return on their money- By Reuters. Read more>>>



© Copyright - Emirates 24|7
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 5,651.80 +129.23 2.34%
ADI 4,294.46 -14.57 -0.34%
DFMGI 3,340.49 +21.01 0.63%
QE 10,438.45 -13.65 -0.13%
KSE 5,321.46 +6.23 0.12%
MSM30... 5,562.310 -30.570 -0.55%
ASE... 2,117.27 -3.75 -0.18%

Recent Analyst Actions  >>

Company Price Opinion
Saudi Telecom Co. 68.90 Overweight
Abdul Mohsen Al-Hokair Group 40.50 Overweight
Bupa Arabia for Cooperative 137.60 Overweight
The Saudi British Bank 27.30 Strong Buy
Samba Financial Group 27.50 Strong Buy

Markets Today Quick Links


Get all the latest updates about the GCC & Global Markets directly to your email