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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
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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