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Local lenders may need to look for alternative funding sources, S&P Global says
The Kingdom’s loan-to-deposit ratio exceeded 100% in 2022, up from 86% at the end of 2019
GCC insurers to “plow ahead” amid geopolitical tensions –S&P
2023 was the first year for all 25 Saudi insurers to post net profit
Headwinds? What headwinds?
S&P Global also sees an increased oil-related real GDP growth as the “common theme” to look at in the GCC…
Saudi banks set for slower credit growth this year –S&P
The forecasts are down from a 10% credit growth reported by the banks last year
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