Middle East Economic Survey
VOL. LIV
No 3
17-Jan-2011
SAUDI ARABIA
BSF Marks Saudi Banks Lowest Loan-To-Deposit Ratio For 11 Months
Following a year of slow yet steady economic recovery, the Saudi banking systems loan-to-deposit ratio stood at its lowest level for 11 months in November 2010, as deposits grew and bank lending to the private sector fell from the month before, Banque Saudi Fransi (BSF) said in its latest Monetary Watch report. A loan-to-deposit ratio of 80.27% constituted the...
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