Thursday 12 May 2016

Pain Ahead for Saudi Banks? - Bloomberg

Pain Ahead for Saudi Banks? - Bloomberg:

"With reform underway in Saudi Arabia, you might expect the country's banking industry would be set for a boom, but a trifecta of high borrowing costs, increased bad loans and slow economic growth means the kingdom's banks might, instead, be facing a bit of a downturn. Bloomberg's Sam Potter reports on "Bloomberg Markets Middle East." (Source: Bloomberg)"



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