Investment Banking
Regulation, Risk & Compliance
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Saudi Arabia Seen Stepping Up Fight Against Bank Cash Squeeze
Saudi Arabia may be embarking on a new phase in its efforts to stave off the worst of a cash squeeze among its banks. The kingdom’s central bank, known as SAMA, offered domestic lenders about 15 billion riyals in short-term loans at a discounted rate at the end of June…
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Click here to read the full story: Bloomberg