Bad debt provisions exceed $20bn


Issue 884 - 04 Sep 2010 | 1 minute read

Gulf banks have spent over $20bn on provisions for bad debt and lost investments since 2008 but are showing signs of returning to high profitability, according to ratings agency Standard and Poor’s.

Tagged with:

Pin Economy & business

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Join our community

Sign up for an account to gain:

  • Set up news alerts on the countries and sectors that matter to you.
  • Free access to newsletter articles under 100 words.
  • Free access to GSN View articles articles.


View a selection of Free articles

Explore subscription options

Follow us on Google News