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Saudi bank loans increase by 11% to hit $734bn
Saudi Arabia’s banking sector loans increased to SR2.75 trillion ($733.82 billion) in June, marking an annual 11.35 percent rise, official data showed. An analysis released by the Saudi Central Bank, also known as SAMA, revealed that corporate credit accounted for 53 percent of the total lending in the month, while…
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Click here to read the full story: Arab News