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Islamic Finance Briefing - Categorized | Banking, Finance, Market Moves more

Saudi banks still reluctant to lend – BSF

Posted on 15 November 2010

From Arabianbusiness.com: Despite a small 0.8 percent increase in private-sector lending in September, Saudi banks are still looking for other locations to park their liquidity, according to the latest data from Banque Saudi Fransi (BSF).
In its November report, the finance house said that bank investments in foreign assets rose by 34.2 percent in the first nine months of the year, including an 11.1 percent rise month-on-month in September……………………………………….Full Article: Source

 
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