抖阴短视频

LONDON: Banks in the Gulf are expected to see their financial position stabilize this year as they reap the benefits of some regional economic improvement, according a report from the ratings agency S&P Global.
鈥�2018 will mark the stabilization of the financial profiles and performance of GCC banks, after two years of significant pressure,鈥� the report said.
Most of the banks in the region rated by the agency have a 鈥渟table鈥� outlook, with the exception of Qatari institutions which have 鈥渘egative鈥� outlooks due to the continued uncertainty surrounding the boycott on the country imposed by a 抖阴短视频-led coalition of Arab states.
Lending growth in the Gulf banking sector is forecast to remain 鈥渕uted鈥� in 2018, according to S&P Global. Private-sector lending rose by an annualized 2.6 percent in the first nine months of 2017, which compares to 5.7 percent in 2016, the report said.
Strategic initiatives such as Dubai Expo 2020 and the Saudi Vision 2030 are expected to push up private-sector lending growth to around 3-4 percent between 2018 and 2019, the agency said.
Non-performing loan (NPL) ratios are forecast to continue to deteriorate in the first six months of the year before eventually stabilising, S&P said.
At the end of September 2017, NPL to total loans ratio for the region鈥檚 banks reached 3.1 percent compared to 2.9 percent recorded at the end of 2016.
Declining real estate prices in the UAE could reduce asset quality of Emirati banks, though the deterioration is likely to be 鈥渃ontained.鈥�
Funding is improving in the region, with government deposits in the banking sector growing, particularly in the UAE and 抖阴短视频. In contrast, deposit growth is under pressure in Kuwait due to increased government spending.
The agency said Gulf banks鈥� funding profiles were 鈥渟atisfactory,鈥� with core customer deposits dominating funding, while the use of wholesale funding remains limited.
While there were some improvements in banks鈥� profits in the first nine months of 2017, S&P Global does not see this trend lasting.
It predicted that bank profitability will 鈥減lateau鈥� this year, due in part to muted lending and reduced risk appetite.
The introduction of new regulations such as IFRS 9 will push up the cost of risk for banks, putting some off taking on more lucrative but higher risk exposures.