Middle East Economic Survey

VOL. LIII

No 40

4-Oct-2010

SAUDI ARABIA

Moodys Sees Stable Outlook For Saudi Banking System

In the face of the challenging operating conditions the outlook for the Saudi banking system over the next 12-18 months has been described as stable by Moodys Investors Service, in its annual Banking System Outlook On Saudi Arabia, reflecting its resilience and strong financial fundamentals. This resilience, Moodys said, has been reinforced for the most part by a prudent...