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Saudi banks’ mortgages jump to $170bn in Q2: Housing Minister
Mortgage loans provided to retail and corporate clients by Saudi Arabia’s commercial banks jumped in the second quarter to SR638 billion ($170 billion) from SR211 billion in 2017, said Majid Al-Hogail, the Kingdom’s housing minister. Speaking at the Euromoney Saudi Arabia Conference in Riyadh on Sept. 7, he said that…
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