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FINANCIAL NEWS
Loans of 118 Saudi companies reached USD111.4 b
16 Sep 2013
(MENAFN) A financial report announced that the loans of 118 Saudi companies reached USD111.4 billion during the period from April to the end of June, compared to USD111.5 during the same period in 2012, according to Arab News.
The loans of the companies formed 131 percent of their capital, as the report said.
The report also said that the long-term loans formed 84 percent with USD93.7 billion of the total loans, while short-term loans formed 16 percent with USD17.7 billion.
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