Financial and Banking News
Saudi Bank Deposits Rose by 19.1% in 1991, Says SAMA Report
Saudi bank deposits rose by 19.1% to SR171bn ($45.6bn) in 1991, according tothe Annual Report for 1991 of the Saudi Arabian Monetary Agency (SAMA). Thereport also says that money supply increased by 14.5% during the year (althoughpress comment on the report did not make clear which measure of money supply wasbeing used.) Mr. Hamad al-Sayyari, the Governor of SAMA,...