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GCC sovereign issues surge 25% to $66bn in 2020


GCC sovereign issues surge 25% to $66bn in 2020
KUWAIT, February 3, 2021
Sovereign issuances by GCC entities amounted to $66.3 billion during 2020 amid growing budget deficits ensuing from Covid-19 and lower oil prices, up 25% year-on-year from $52.9 billion raised during 2019, a report said.
Corporate issuances on the other hand amounted to a total value of $66.4 billion during the past year, an increase of 8% year-on-year from $61.3 billion raised during the previous year, added the report titled “GCC Bonds and Sukuk Market Survey 2020” by Kuwait Financial Centre (Markaz).
The report showed that despite the double blow of the outbreak of Covid-19 and the subsequent decline in oil prices, primary debt issuances set a new record for the total value of issuances raised in one year. ....

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Banca CrSavigliano premiata al Future Bancassurance Awards 2020

Banca CrSavigliano premiata al Future Bancassurance Awards 2020
targatocn.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from targatocn.it Daily Mail and Mail on Sunday newspapers.

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Savigliano, Banca Crs premiata al Fbf 2020: resilienza e flessibilità le motivazioni

Savigliano, Banca Crs premiata al Fbf 2020: resilienza e flessibilità le motivazioni
cuneocronaca.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cuneocronaca.it Daily Mail and Mail on Sunday newspapers.

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