18.06.2009 - Saudi bonds hope to add liquidity
From Thepeninsulaqatar.com: Saudi Arabia unveiled the latest in a series of innovations to its capital markets earlier this week when it opened a regulated bond and sukuk (Islamic bond) market. The move comes at an opportune time. Many Saudi banks are at the limits of their credit capacity, with loan-to-deposit ratios exceeding the limit imposed by the central bank. Bank loans extended in 2008 equalled the total of the previous two years, according to Mohammad Al Jasser, the central bank governor.........Full Article: Source
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