With reform underway in Saudi Arabia, you might expect the country's banking industry would be set for a boom, but a trifecta of high borrowing costs, increased bad loans and slow economic growth means the kingdom's banks might, instead, be facing a bit of a downturn. Bloomberg's Sam Potter reports on "Bloomberg Markets Middle East."
Τρίτη 10 Μαΐου 2016
BLOOMBERG: Pain Ahead for Saudi Banks?
With reform underway in Saudi Arabia, you might expect the country's banking industry would be set for a boom, but a trifecta of high borrowing costs, increased bad loans and slow economic growth means the kingdom's banks might, instead, be facing a bit of a downturn. Bloomberg's Sam Potter reports on "Bloomberg Markets Middle East."
