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FINANCIAL NEWS
Saudi banking sector significantly improves
13 Oct 2013
(MENAFN) Banking sector in Saudi Arabia saw a vast growth during the last decade, regardless of the global financial crisis, according to Arab News.
Commercial banks’ total assets reached more than USD462.2 billion compared to the previous USD135.4 billion.
Liabilities of the private sector banking saw a five-fold boost reaching USD266.3 billion compared to the previous USD54.9 billion.
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