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Saudi banks face skills challenge: SAMA vice governor

Posted on 02 December 2011

Saudi Arabian Monetary Agency (SAMA) Vice Gov. Abdulrahman Al-Hamidy said that banks and supervisors are likely to face the challenge of attracting and retaining staff with appropriate sets of skills.
Al-Hamidy also said the financial crisis has mutated into a fiscal crisis in some markets in Europe, once again threatening the viability of some global banks and causing the risk of contagion to other financial institutions and markets. The crisis has developed despite strict supervisory measures undertaken by global central banks………………………………………..Full Article: Source

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