Investment Banking
Regulation, Risk & Compliance
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Saudi banks told to reschedule loans of clients hit by cuts
Saudi Arabia’s central bank directed local lenders to reschedule the consumer loans of clients affected by last week’s decision to scrap the bonuses and allowances of many state employees. The Saudi Arabian Monetary Agency, as the central bank is known, said in a statement late on Sunday that the step…
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Click here to read the full story: Gulf News