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FINANCIAL NEWS
Saudi Arabia holds USD 117bn of U.S debt
17 May 2016
(MENAFN) Saudi Arabia owns almost USD 116.8bn of U.S. debt, which makes the kingdom the 13th largest foreign holder of U.S. debt.
Moreover, Saudi Arabia’s holdings were taken together with that of other oil exporting nations, involving Venezuela and Iraq.
In addition, Saudi Arabia owns more U.S. debt than what was exposed, due to central bank listed owning USD 587bn of foreign reserves.
It is possible that KSA could be taking a page of China’s playbook, which owns U.S. debt through custodial accounts in Belgium that listed owning more than USD 154bn of U.S. debt.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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