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COVID-19 headwinds to hurt Saudi banks’ profitability
Saudi Bank’s profitability that witnessed improvement in the first quarter of 2020 is likely to be impacted by COVID-19 headwinds according to global professional services firm Alvarez & Marsal (A&M). In its first ever ‘KSA Banking Pulse’ report released on Wednesday, A&M said that the top banks in Saudi Arabia…
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Click here to read the full story: Gulf News