Middle East Economic Survey

VOL. LIII

No 17

26-April-2010

SAUDI ARABIA

BSF Business Confidence Index Rising

Banque Saudi Fransis (BSF)s second quarter business confidence survey indicates that bank lending activity is expected to return to normal in the next two quarters. Almost 60% of the 781 company managers surveyed said the lending attitude of banks had returned to normal or improved, compared with 41% who gave the same response last quarter. Banks, which have adopted greater prudence in new...