MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council ...
Read More »Analysts downgrading China’s small banks at record pace
Bloomberg Analysts are taking note of the struggles in China’s banking industry, which is being battered by an official deleveraging drive. At least five smaller lenders have been downgraded by credit-rating companies this year, a record pace for the sector. Spikes in the volume of non-performing loans and an increase in loans overdue are among the reasons. One of the ...
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