VOL. XLV
No 14
8-April-2002
SAUDI ARABIA
S&P Calls SaudiBanks Most Profitable In The Gulf
Ratings agency Standard and Poors (S&P) said inits Bank Industry Risk Analysis: SaudiArabia published on 3 April that it considers Saudi banks among thelargest, most profitable, and best capitalized financial institutions in theGulf region. The agency cites wide margins, good efficiency, low costs andcheap deposits as having contributed to average annualized ROA and ROE as at 30September 2001 of...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!