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FINANCIAL NEWS
Saudi bank credits to boost 15.3 percent in 2014
08 Dec 2013
(MENAFN) Bank credits of private sector are expected to increase 15.3 percent in Saudi Arabia over the following year, ranking first among the GCC countries, according to Arab News.
Qatar ranks second after Saudi Arabia as the largest bank credit growth at 14.7 percent compared to the current 12.9 percent, followed by Oman at 12.6 percent compared to 14.3 percent this year.
The financial institutions in the GCC countries have solid positions despite the increasing rates of non-performing loans (NPLs) in Bahrain and the UAE last year, a report by the International Monetary Fund (IMF).
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13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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