Thursday , August 16 2018

Banking

Saudi Arabia mortgage growth to help rebound in lending at Al Rajhi Bank

Bloomberg A jump in mortgages and a recovery in Saudi Arabia’s economy may help Al Rajhi Bank, the kingdom’s second-biggest lender, reverse a decline in lending. Overall lending may improve to show “low single-digit” growth this year and increase to match historical levels of expanding in mid-single digits from 2019, ...

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