Public-sector borrowing outpaces private credit at Saudi banks
Net foreign assets edged up in July as commercial banks narrowed their foreign asset deficit
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Net foreign assets edged up in July as commercial banks narrowed their foreign asset deficit
Import financing took a hit and dropped 23.7% m-o-m
Commercial banks drove this rise by shrinking their deficits
Sama’s net foreign assets ended September with a surplus of SAR 1.6 tn
Sama’s net foreign assets ended August with a surplus of SAR 1.47 tn by the end of the month
Sama’s net foreign assets ended July with a surplus of SAR 1.57 tn, a notable decrease from June’s SAR 1.62…
Sama’s net foreign assets ended June with a surplus of SAR 1.62 tn by the end of the month
The rise was driven by an improved foreign asset position from Sama
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