Saudi bank lending jumps on mortgages, Aramco IPO boosts money supply
Annual growth in Saudi Arabian
bank lending to the private sector rose at its highest pace in
years in December, boosted by mortgages, while the proceeds of
Saudi Aramco’s initial public offering lifted money supply,
official data showed.
bank lending to the private sector rose at its highest pace in
years in December, boosted by mortgages, while the proceeds of
Saudi Aramco’s initial public offering lifted money supply,
official data showed.
Posted by Reuters
