Financial Results
Retail Banking
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Saudi banks exceed maximum loan-to-deposit ratio in Q2-20
Deposits held by banks operating in Saudi Arabia grew by SAR 151.53 billion or 8.9% year-on-year (YoY) to SAR 1.843 trillion during the second quarter (Q2) of 2020 from SAR 1.691 trillion. Meanwhile, the value of demand deposits, which accounted for 66.01% of total deposits, increased by SAR 144.35 billion…
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