GCC banks resilient to Iran conflict risks amid strong buffers

RIYADH: Gulf Cooperation Council banks face limited short-term credit risks from the regional conflict following US and Israeli strikes on Iran, supported by strong financial buffers and sovereign backing. Analysts and rating agencies say the region’s banking system remains fundamentally resilient despite rising geopolitical tensions. US and Israeli strikes on Iran on Feb. 28 have raised concerns about potential disruptions to energy markets, regional trade flows and broader financial stability across the Middle East.

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