Middle East Economic Survey
BSF Sees Saudi Private Sector Credit Growth As Modest Yet Healthy
Saudi private sector credit growth is taking a modest yet healthy track toward recovery according to the latest data from the Saudi Arabian Monetary Agency (SAMA), Banque Saudi Fransi (BSF) said in a 23 May report. This appears to support BSFs credit growth forecast of 8% in 2010. BSF also maintained that the government continues to take the role as primary...