Investors’ flight from Egyptian investments could create re-entry opportunities, if stability returns. The test will be managing the timing of the investment. One of the credit analysts at Standard & Poor’s, Kai Stukenbrock, explained that “The events in Egypt seem to be accelerating and, as was the case in Tunisia, when these things start going,… Continue Reading
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Fitch Expects Gulf Country Banks To Lose Less in 2011
Since the international credit crisis is winding down, Arab Banks located in the Persian Gulf area will probably lose less money in loans and investments. “Lower impairment charges and cost control should lead to a gradual improvement in profitability, but revenue growth will be more difficult to achieve,” Fitch ratings agency maintained. “Loan growth has… Continue Reading