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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Saudi Arabia banks operating in a secure and growing economy

Posted on 25 July 2011

The Kingdom’s banks are moving toward the second half of 2011 in a strong position, but their ongoing conservative positions have triggered criticism. Saudi Arabia’s financial institutions are cashed up with healthy levels of liquidity, operating in a secure and growing economy, and have shown new earnings and investment potential.
Despite this, there have been calls for the Kingdom’s lenders to be more active in advancing credit, after two years of building up reserves, Global Arab Network reports according to OBG……………………………………….Full Article: Source

 
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