Middle East Economic Survey
VOL. XLVIII
No 16
18-April-2005
SAUDI ARABIA
Saudi Banking System Among Strongest In Middle East, Says S&P
The Saudi banking sector is one of the strongest in the Middle East and among emerging markets, ratings agency Standard & Poors has said in a new report Bank Industry Risk Analysis: Kingdom Of Saudi Arabia. Sector strength is based on the banks high profitability, strong liquidity, high capitalization, and strict supervision, says S&P credit analyst...
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