Regulation, Risk & Compliance
Retail Banking
Uncategorized
Saudi Central Bank Says May Cap Consumer Lending, Limits Fees
Saudi Arabia’s central bank has published new consumer lending regulations which give it the power to cap retail lending at individual banks and limit the fees that banks can charge. The rules could dent profit growth at banks, especially those that rely heavily on retail activity, as the Kingdom prepares…
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Click here to read the full story: Gulf Business