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What is MENA Banking Sector Q2 2020 Insights about?

budget deficit 1. The MENA region continues to face economic challenges due to the COVID-19 pandemic and lower oil prices, though governments have implemented fiscal and monetary support measures. 2. Key highlights from the banking sector in Q2 2020 include subdued revenue growth and higher provisions due to the pandemic, a jump in cost-to-income ratios, and interest margins remaining under pressure despite moderate growth in net interest income. 3. Important industry trends seen are increased focus o

Author

Mira Hout

Language

EN