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Saudi banks set to outperform their regional peers in 2021-2022
Strong capitalisation of the banking sector, conservative regulation and government stimulus will support Saudi banks through 2020-2021. As a result their profitability will surpass those of GCC peers despite low interest rates and still elevated cost of risk. After the shocks witnessed in 2020, the Saudi economy is expected to…
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Click here to read the full story: Arabian Business