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FINANCIAL NEWS
Saudi Arabia’s M3 money supply registers its slowest pace in October
01 Dec 2013
(MENAFN) Growth of Saudi Arabia’s M3 money supply saw a significant fall registering a 14-month low of 10.4 percent year-on-year in October compared to 13.4 percent in the end of September, according to Arab News.
Bank lending to the private sector also registered its slowest pace since May 2012 at 13.5 percent compared to 14.6 percent.
Net foreign assets of the Central Bank reached USD708.8 billion in October, Reuters reported.
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With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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