Saudi Banking Sector Begins New Year With Financial Health Efficiency

Despite the difficulties of 2020, the Saudi banking sector remained resilient, amid banking assurances that the New Year would begin with financial health efficiency. Talat Hafiz, Secretary-General and Spokesman of Saudi Banks, told Asharq Al-Awsat that the good performance of the Saudi banking sector during the current year was expected to continue in line with the projected improvement in the performance of the national economy. “This is driven by preliminary growth estimates of the gross domestic product (GDP) at nearly 3.2%, increased by the forecast sustainable growth of the economi

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