Moody's changes outlook on five GCC banking systems to negative
DIFC - Dubai, April 02, 2020 -- Moody’s has changed its outlook to negative from stable for the banking systems of Saudi Arabia, United Arab Emirates, Kuwait, Qatar and Bahrain and maintained its negative outlook on the banking system of Oman because of the oil price collapse and coronavirus outbreak, Moody’s Investors Service said in a report published today.
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