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Wealth and Asset Management
Saudi banks credit to private sector on upward trajectory
The Saudi banking industry remains robust, the National Commercial Bank (NCB) said in its Quarterly Monetary Review for the third quarter 2011. On the financing front, private sector credit continued its upward trajectory, posting a 9.0 percent Y/Y growth rate, which marks the highest growth since 1Q2009. The trajectory was…
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Click here to read the full story: Saudi Gazette