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Saudi banks to lead the sector’s post-pandemic recovery

The profitability of Saudi banks will surpass those of its GCC peers in 2021, despite low interest rates and the elevated cost of risk, according to Roman Rybalkin, associate director at S&P Global Ratings. “After the shocks witnessed in 2020, the Saudi economy is expected to recover in 2021-2022 due…

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Click here to read the full story: Arab News

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