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Saudi banks’ assets surge to $738bln in 2020

Assets of Saudi banks listed on the Saudi Stock Exchange (Tadawul) increased by 13.1% on an annual basis in 2020 or SAR 321.82 billion ($85.82 billion). Total assets of 11 Tadawul-listed lenders reached SAR 2.77 trillion ($738.89 billion) by the end of 2020, compared with SAR 2.45 trillion ($653.07 billion)…

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