Jadwa Saudi Chartbook for August 2012: Banking Indicators
Jadwa Investments | Lucien Zeigler | 8.1.12
Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.”
On the subject of banking indicators in Saudi Arabia, Jadwa found that “bank lending to the private sector jumped in June. Monthly growth was the highest since August 2009. In year-on-year terms it was at its peak since March 2009. With deposits also up, due to higher government deposits, the loan-to-deposit ratio was little changed.”
Below is an excerpt on banking indicators in Saudi Arabia from Jadwa’s August 2012 chartbook. To read the full 2012 report courtesy of Jadwa Investments, click here.
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