Developments in global oil markets are presenting policymakers in the Middle East and North Africa (MENA) with challenges and opportunities, says Moody’s Investors Service in its 2015 MENA Sovereign Outlook report.
Tag: Gulf Cooperation Council (GCC) countries
IMF Study: Gulf Banks Face Concentration Risks
While banks in the Gulf Cooperation Council (GCC) countries are generally well capitalized, it is difficult for them to have a truly diversified credit portfolio given the structure of their economies, which exposes them to risks that require a greater amount of scrutiny, a new IMF study finds.