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Email this article: GCC banks back to pre-crisis level of profitability, shows AT Kearney analysis
Posted: Wed March 14, 2012 12:07 pm
UAE. AT Kearney analysis confirms recovery of GCC banks' profitability and insists banks urgently need to enhance their capabilities and level of customer service, after several years of relatively low investments.
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SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
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