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Saudi Arabia’s credit to private sector edges upSaudi Arabia’s credit to the private sector rose on a monthly basis for the first time in five months in January 2018 reflecting a 0.2 per cent increase month-on-month (m-o-m), said Al Rajhi Capital, a top financial services provider. More… |
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Saudi bank deposits hit $326bn in Q1The total value of deposits made at Saudi Arabian banks reached a new record of SR1.36 trillion ($362 billion) by the end of first quarter of 2013, a report said. Customer deposits at the National Commercial Bank (NCB) reached SR2 More… |
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UAE interbank offered rates at new 7-year lowInterbank offered rates in the UAE continued their slide to a fresh seven-year low on Sunday, as liquidity in the Opec member's banking sector stayed high, also dragging one-year dirham forwards lower. Bank deposits had risen to their high More… |
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Jordan's bank deposits up 10pc to $23.5bnPrivate deposits in Jordan's banking sector were up 10 per cent year-on-year at the end of May but growth in recent months has slowed sharply, central bank data showed on Tuesday. The deposits, mostly dinar-denominated assets that excl More… |
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Government deposits in UAE banks fall 13pcGovernment deposits held in UAE banks fell 13 per cent in the first two months of this year to their lowest level since late 2008, indicating policymakers are more comfortable with liquidity in the system now the worst of the financial crisis is o More… |
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Saudi Arabia guarantees bank depositsSaudi Arabia's Supreme Economic Council has offered guarantees for bank deposits in the kingdom, the central bank governor, Hamad Saud Al-Sayyari, said on Monday. The economic council, Saudi Arabia's highest economic body, said on More… |
