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Saudi bank lending hits record $788bn as corporate loans surge
Saudi Arabia’s bank loans surged to SR2.96 trillion ($788 billion) in December, marking a 14.39 percent year-on-year increase, according to official data. Figures from the Saudi Central Bank, also known as SAMA, revealed that corporate loans were the main driver, rising 18.6 percent to SR1.6 trillion. This marks the highest…
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Click here to read the full story: Arab News