![S&P Global Ratings expects lending growth in the UAE banking sector to pick up pace this year. Delores Johnson / The National](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/AGYFCKAGREANXJIT55FRVRCEKA.jpg?smart=true&auth=f6d9d345391afdaad39ba0c3f6058c26d5ce85b9c8f7583b1cd74a1c75076eda&width=400&height=225)
S&P Global Ratings expects lending growth in the UAE banking sector to pick up pace this year. Delores Johnson / The National
S&P Global Ratings expects lending growth in the UAE banking sector to pick up pace this year. Delores Johnson / The National
GCC banks stand to gain from rate rises and drop in cost of risk amid economic recovery
A 100-basis-point increase in benchmark interest rates would boost banks' earnings by 13%, S&P Global Ratings says