GCC Lending Surges with $1.9t in Gross Loans Despite High Interest
Despite the tightening of monetary policy by the US Federal Reserve, the banking sector in the Gulf Cooperation Council (GCC) countries experienced sustained growth in lending during the second quarter of 2023, according to a recent report by Kamco Invest. This growth was largely driven… Read More
Read more in: Global, General News | Tagged banking, gcc, lending, saudi arabia