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FINANCIAL NEWS
Saudi M3 money supply jumps 11.4% in Sep: CB
05 Nov 2012
(MENAFN) The Saudi Arabian Monetary Agency (SAMA) said that at the end of September, the growth of Saudi M3 money supply jumped 11.4 percent from a year ago, reported Arab News.
The central bank said that the rate, the highest in 7 months, is compared with a gain of 9.7 percent at the end of August.
It added that in the period, the bank’s net foreign assets hit USD612.3 billion.
Bank lending to the private sector grew 14.8 percent, recording the fastest pace since March 2009.
It is worth noting that in August, bank lending climbed 14 percent.
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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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