Under the umbrella of Saudi Arabia’s long-term socio-economic development strategy Vision 2030, the Financial Sector Development Plan (FSDP) provides a road map for the Kingdom’s banking, insurance and capital markets sectors. The creation and growth of an advanced capital market is outlined as a key strategic pillar. Such a market would offer opportunities for product...
The Middle East
Displaying 163 - 168 of 9143
Articles & Analysis | Growing interest in Saudi Arabia's capital market development from The Report: Saudi Arabia 2022
Articles & Analysis | Capital markets around the world issue green and social bonds from The Report: Saudi Arabia 2022
Alongside significant political efforts to speed up the energy transition, 2021 was a record-breaking year for green finance, as governments, international institutions and lenders alike sought to support the shift towards renewables. This mirrored developments in generation: new renewable energy capacity reached an all-time high of 290 GW in 2021. Meanwhile, the issuance of...
Articles & Analysis | GCC banking consolidation to protect against future crises from The Report: Saudi Arabia 2022
The Gulf banking sector has witnessed an increase in mergers and acquisitions (M&A) in recent years, as lenders continue to deal with the economic headwinds associated with the Covid-19 pandemic. At the outset of the pandemic in the first quarter of 2020, it was anticipated that the economic slowdown and the associated fall in oil prices would accelerate the M&A trend...
Articles & Analysis | Saudi Arabia moderates a rise in consumer lending against falling bank deposits from The Report: Saudi Arabia 2022
A robust recovery from the Covid-19 pandemic and a positive economic outlook should help the Saudi banking sector overcome a relative lack of liquidity as consumer lending growth outpaces deposits.
Interviews & Viewpoints | Tony Cripps, CEO, Saudi British Bank (SABB): Interview from The Report: Saudi Arabia 2022
What can be done to facilitate growth of local small and medium-sized enterprises (SMEs) and ensure the availability of financing?
Articles & Analysis | Islamic finance gains more recognition on a global scale from The Report: Saudi Arabia 2022
After a resilient performance in 2020, the international Islamic finance sector fared positively in 2021 as an improved economic environment and a rise in the number of large projects combined to drive demand for services. Despite the twin challenges of the Covid-19 pandemic and the fall in international oil prices that affected many of the world’s heavyweights in Islamic...