Middle East Economic Survey
VOL. XLVIII
No 47
21-November-2005
SAUDI ARABIA
SAMA Licenses Operations Of Ten Foreign Banks
Ten foreign banks have been licensed to operate and open branches in Saudi Arabia, according to Saudi Arabian Monetary Agency (SAMA) Deputy Governor Muhammad al-Jasir. The newly-licensed foreign banks comprise BNP Paribas, JP Morgan, Deutsche Bank, National Bank of Kuwait, National Bank of Bahrain, Emirates Bank International, Gulf International Bank, Bank Muscat, State Bank of...
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