RIYADH: Banks operating in the Gulf region are expected to remain resilient in the short term due to strong financial buffers, even as the Middle East grapples with heightened geopolitical tensions, according to an analysis. In its latest report, S&P Global warned that prolonged disruptions stemming from the conflict involving the US-Israel alliance and Iran could increase pressure on weaker issuers.
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Gulf banks resilient for now, but prolonged conflict raises risks: S&P Global
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