Gulf Cooperation Council banks may shift to private loans amid West Asia conflict: Fitch Ratings

New Delhi [India], May 14 (ANI): Banks across the Gulf Cooperation Council (GCC) are likely to shift their focus toward private placements and syndicated loans if the conflict involving Iran continues, according to a recent report from Fitch Ratings. 'GCC banks are likely to make greater use of private placements and syndicated loans if the Iran conflict persists,' it noted.