Middle East Economic Survey

VOL. LIII

No 27

5-Jul-2010

SAUDI ARABIA

Saudi Credit Growth Continues To Improve Thanks To New Financing Deals, Says BSF

A series of new financing deals concluded and in the pipeline continue to support improvement in Saudi bank private sector credit growth, says Banque Saudi Fransi (BSF) in itsMonetary Watch published on 28 June. The latest central bank data support the banks view that momentum is building behind an economic recovery in Saudi Arabia. Bank claims on the...