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Surge in Saudi bank lending

  • Saudi Arabia: Monday, September 18 - 2006 at 07:57

Saudi bank loans to the private sector reached $116.7bn in July 2006, the third straight month of rises and despite a general fall in liquidity for the month, Arab News reported. Except for a marginal drop in April 2006, lending to the private sector has grown every month since December 2004.

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