VOL. XXXVII

NO. 25

21-MARCH-1994

Financial and Banking News

Funding The Saudi Private Sector: Local Banks Can Take The Strain, For Now

MEES Associate Editor, Andrew Cunningham, analyses the changed shape of Saudibanks and assesses their ability to continue supporting the local privatesector.

Despite anecdotal evidence that some Saudi banks are cutting back on localcredit and tightening their lending criteria, the Saudi banking system as awhole appears well able to meet the needs of the private...