Saudi Arabia’s lenders feel the squeeze | The National:
"Saudi Arabian banks may face the biggest challenges among its peers in the region in the wake of the oil crash as an economic slowdown hits the world’s biggest oil exporter the hardest.
Some of the shares of the biggest names in the kingdom’s banking industry such as National Commercial Bank, Al Rajhi Bank and Samba are trading at multi-year lows and below the value of assets.
Global investors have been off emerging markets in general, especially those countries such as Saudi Arabia that rely heavily on the sale of commodities to keep the engine of growth ticking along."
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