News Saudi Arabia Bank deposits: Saudi bank deposit growth accelerated to 11-month high in February
RIYADH: Bank deposits in Saudi Arabia grew during February at the fastest pace since March 2020 as the economy continued to rebound from the coronavirus pandemic. Deposits reached SR1.96 trillion ...
News Saudi Arabia Bank deposits: Saudi banking strength amid global uncertainty
Amid an uncertain global economic environment shaped by geopolitical tensions, trade fragmentation, inflationary pressures, volatile energy markets and the possibility of further interest rate ...
News Saudi Arabia Bank deposits: Saudi National Bank reports 11% rise in 2021 income amid continued economic recovery
Saudi National Bank, the kingdom’s biggest lender by assets, reported an 11 per cent increase in 2021 profit as operating profit rose amid continued economic recovery. Net profit for the 12 months to ...
News Saudi Arabia Bank deposits: Islamabad, Riyadh agree to step up oil facility
including a $3 billion deposit provided by Saudi Arabia to the State Bank of Pakistan, will help support the country’s foreign currency reserves and help mitigate the adverse effects of the ...
News Saudi Arabia Bank deposits: Saudi Banks’ Total Deposits Touch SR916b
Saudi banking sector has shown moderate asset, loan and deposit growth, compared to regional peers over the past few years. In terms of banking assets, Saudi Arabia is the second largest in the region ...
