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Saudi banks’ Vision 2030 giga-project exposure limited but growing
Saudi banks’ exposure to Vision 2030 giga projects remains modest but is likely to rise as some projects become operational, Fitch Ratings says. Delays in giga-project execution or substantial recalibration of their scale could affect the banking sector’s asset-quality metrics in the longer term. However, current low exposure means the…
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Source: Fitch Ratings