LONDON- Credit rating agency S&P Global said on Monday it would expect wealthier Gulf states to provide support if any of the region's financially-strained countries saw their currency pegs come under threat.

S&P downgraded a number of Gulf states last week following the year's slump in oil prices, but it said on Monday that it expected the bloc's currency pegs to stay intact despite the growing pressure on finances.

"If the pegs (of recently-downgraded countries) were under threat then we expect that wealthier GCC (Gulf Cooperation Council) countries would step in," to prevent "contagion" worries about their own pegs, S&P analyst Zahabia Gupta said.

(Reporting by Marc Jones; Editing by Dhara Ranasinghe) ((marc.jones@thomsonreuters.com; +44 (0)207 542 9033; Reuters Messaging: marc.jones.thomsonreuters.com@reuters.net Twitter @marcjonesrtrs))