Middle East Economic Survey

VOL. LIII

No 41

11-Oct-2010

SAUDI ARABIA

Weak Performance For Saudi Banking In August, Says BSF

Saudi Arabias key banking indicators showed weak performance in August corresponding with the month of Ramadan, said Banque Saudi Fransi (BSF) reporting the latest data of the Saudi Arabian Monetary Agency (SAMA). Growth in bank lending to the private sector was the slowest in five months, total broad money supply fell from July levels, and bank deposits declined almost...