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Saudi Arabia’s banks see continued growth in loans & advances, deposits, and profitability in second quarter
Loans & Advances (L&A) increased by 3.2 percent QoQ, driven by corporate/wholesale banking. Banks looking at an interest rate cycle reversion likely to begin in September’24 Leading global professional services firm Alvarez & Marsal (A&M) today released its latest KSA Banking Pulse for Q2 2024. The report shows that the…
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Source: Alvarez & Marsal