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Email this article: Gulf banks' capital expected to remain high, says S&P report
Posted: Tue June 26, 2012 4:00 pm
INTERNATIONAL. Banks in the Gulf Cooperation Council (GCC) region have capitalization that generally exceeds their international peers', says Standard & Poor's Ratings Services
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UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
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