Source: Dubai – Arabic.net
S&P Global Credit Rating Agency, in a report issued on Sunday, expected that banks in the Kingdom of Saudi Arabia will maintain stable levels of financial risk indicators during the year 2020, although growth remains largely dependent on oil market movements and is also linked Global economic conditions and regional geopolitical trends.
She indicated in a report entitled “Three major risks facing banks in emerging markets in 15 countries”, that mortgage financing will be one of the main drivers of loan growth in the Kingdom, while credit losses will stabilize at about 70 basis points, while growth prospects will remain linked Commodity prices.
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