Middle East Economic Survey

VOL. LIII

No 36

6-Sep-2010

SAUDI ARABIA

Saudi Economic Recovery Remains Slow, Says BSF

The speed of Saudi Arabias economic recovery has yet to gain any notable impetus, says Banque Saudi Fransi (BSF) in its latest Monetary Watch, reporting the Saudi Arabian Monetary Agency (SAMA) data of July. The report maintains that July figures show only a slight pick up in annual private sector credit growth, while growth in bank deposits and money supply slowed from the previous...