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Saudi bank credit rises 7.3% as deposits grow to $835bn

Saudi Arabia’s banking sector continued to expand in June, with total bank credit rising 7.3 percent year on year to SR3.42 trillion ($912 billion) and overall bank deposits increasing 8.9 percent to SR3.13 trillion, official data showed.  According to the latest data from the Saudi Central Bank, broad money supply…

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Click here to read the full story: Arab News

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