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Saudi banks thriving on back of govt reforms: KPMG
Backed by government reforms, halt in credit losses, stable liquidity, stronger CAR, and transformational changes, Saudi Arabia’s banks are heralding a stable year, as compared to a shaky outlook last year, a report said. KPMG’s latest report on the financial sector, Banking Perspectives 2021 reported that the 11 Tadawul-listed banks…
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