gulf banks

Latest news and articles about gulf banks from NEX English

Gulf Banks Report Strong Profits Amid Iran War Impact

Major Gulf banks demonstrated impressive financial performance in the first quarter of 2026, achieving strong profits despite the tensions arising from the war on Iran. This success was supported by growth in lending, deposits, and rising interest rates.

Gulf Banks Face Challenges from Iran War, Profit Distributions at Risk

Recent reports from Bloomberg Intelligence indicate that Gulf banks have demonstrated resilience amid tensions arising from the Iranian war, but profit distributions may be at risk. The geopolitical climate poses significant challenges for maintaining profitability levels.