| The Saudi banking system anchored its stability with precautionary measures and effective capacity utilization over the past two years. High liquidity, adequate capitalization and prudent risk management and supervision represent the backbone of Saudi's banking overhaul.
Following a successful rebound in 2011, the 12 locally incorporated banks' net income during 2012 recorded a staggering SR 35.1 billion, an annual growth rate of 11 percent, according to a report by the National Commercial Bank (NCB)...............................................Full Article: Source
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