Despite a productive Q1, Iran war looms large on Islamic banking
The ongoing geopolitical instability has resulted in GCC sukuk issuers from Qatar and the UAE being put on Fitch Ratings' Rating Watch Negative list...
Tag : fitch ratings
Saudi asset management sector on upward trajectory, say ratings agencies
A well-established asset management industry will offer Saudi Arabia’s youthful and expanding population a broader and more diversified selection of investment and savings products...
Saudi banks’ credit profiles remain strong amid high oil prices
Saudi Islamic banks have a strong position in the banking industry thanks to their larger retail franchises, which enable them to offer superior asset quality, reduced funding costs, and higher margins...
COP28 to accelerate revolution in sustainable bond market
Given that 51% of sustainable issuances in the Gulf region take the form of bonds, there is a strong expectation that they will benefit significantly from the heightened awareness being cultivated by COP28...
Kuwaiti Islamic banks to see improved profits despite regulatory pressure
The financial metrics of Islamic banks were resilient in the first half of 2023, benefitting from the stable operating environment...
UAE’s debt capital market projected to reach USD 300 billion by 2030: Fitch Ratings
Fitch Ratings observed that its forecast for UAE's DCM market is backed by the fact that banks are important debt investors and are demonstrating decent liquidity as well as solid deposit growth...
Access Bank Mozambique: Moving towards achieving fast-track & sustainable growth
Customers can take out loans at Access Bank Mozambique and receive money instantly, through M-Pesa, without needing a Bank account...
Fitch says Indian banks to face $65 billion capital shortage by FY19
Stressed loans in Indian banks hit a record $150 billion at the end of December...