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Kuwait rate cut unlikely to spur lendingKuwait's unexpected 50 basis-point interest rate cut will help reduce borrowing costs for businesses but is not going to be enough to kick-start bank lending without a lasting solution to the country's political crisis. More… |
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Qatari bank lending downQatari bank lending fell 7 per cent in the first two months of 2009 as credit to the public sector dropped 36 per cent, central bank data showed on Tuesday, in the latest signal Gulf banks are more cautious on new loans. After more than d More… |
