Middle East Economic Survey
VOL. LIV
No 16
18-Apr-2011
SAUDI ARABIA
Saudi Bank Share Prices Well Placed For 2011 Recovery, Jadwa Says
After seeing large provisions for credit losses distort earnings in Saudi Arabia over the past three years, banks have now cleaned their loan portfolios and are generally well positioned for a healthy recovery this year, said Jadwa Investment in its latest banking report. Following a five year period in which non-performing loans (NPLs) of listed banks has...
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