Fri, Aug 22, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Saudi banks top GCC financial health chart

Posted on 15 September 2010

From Arabnews.com: Saudi Arabia’s banking system has topped the financial health chart in the GCC and showed more resilience to the consequences of the financial crisis than its peers in the GCC region, thanks to the prudent regulations of the Saudi Arabian Monetary Agency (SAMA) and the well diversified loan portfolio of local banks, KIPCO Asset Management Company (KAMCO) said in its GCC Banking Outlook issued on Tuesday.
The report said the Saudi banks remained adequately capitalized throughout the crisis period……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031