Regulation, Risk & Compliance
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Saudi bank cost of credit ‘on the rise’
Bank deposits in the Kingdom averaged 7.5% in 2015 compared to an average of 13.6% a year ago, the National Commercial Bank said in its February “Saudi Economic Review”. The year 2015 ended on a deadbeat growth in deposits by just 1.9%, the slowest growth in five years. In the…
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Click here to read the full story: Saudi Gazette