Comment & Analysis
Regulation, Risk & Compliance
Uncategorized
Fitch Ratings deems Saudi bank secure during draft review
Fitch Ratings, a New York and London-based authority on credit ratings, recently pronounced Saudi Arabia’s banks relatively safe from harm while the kingdom’s Draft Law on the Resolution of Financial Institutions undergoes a standard review. “The Saudi Arabian Monetary Agency, which supervises the banks, has a strong tradition of supporting…
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Click here to read the full story: Gulf News Journal