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Saudi banks’ deposits outpace lending in 2Q
Deposits grew 2.7% q-o-q while net loans and advances rose 1.8%, bringing the loan-to-deposit ratio down to 103.1%
Data center boom needs up to USD 42 bn
With around 12 watts of data center capacity per capita, compared to about 50 watts in each of the UAE…
Private credit finds its place as Saudi banks keep grip on lending
“Saudi banks have sufficient space for lending growth internally within the market”
Yusef Alyusef, managing director at Alvarez & Marsal Saudi Arabia
Alyusef is a veteran with over two decades of experience in law, policy, and tax
Coffee With: Yusef Alyusef, managing director at Alvarez & Marsal Saudi Arabia
Yusef Alyusef is a managing director and partner at Alvarez & Marsal in Riyadh, where he leads work in tax…
Top 10 banks saw strong earnings in the first quarter of the year
The increase was supported by a decline in operating expenses
The Kingdom’s top ten banks saw strong earnings last year
Deposits made by government related entities (GRE) hit a record high in 2023