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.
Articles & Analysis | Saudi Arabia moderates a rise in consumer lending against falling bank deposits from The Report: Saudi Arabia 2022
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...
Articles & Analysis | Digitalisation spurs business process optimisation in Saudi Arabia from The Report: Saudi Arabia 2022
Saudi Arabia’s banking sector is dynamic and competitive, comprised of domestic universal banks, foreign specialists and finance companies vying for market share. It is also a sector in the midst of significant and regulation-driven change, as the Kingdom’s leadership works to implement its long-term economic blueprint, outlined in detail in its Vision 2030 programme. Indeed,...
Saudi Arabia’s insurance market, the second largest in the Gulf region by gross written premium after the UAE, offers a vibrant and competitive environment. Growth in recent years has been attributed to economic development creating new insurable assets, and new lines of mandatory coverage. Long-term direction is detailed in the country’s Vision 2030 development plan and targets a growing and...
Chapter | Capital Markets from The Report: Saudi Arabia 2022
Capital markets in Europe, the US and Asia have experienced challenging times in the wake of the Covid-19 pandemic and Russia’s invasion of Ukraine. However, Saudi Arabia’s capital markets have experienced sustained growth, with high-value initial public offerings (IPOs), robust trading, and the Saudi Exchange showing the largest market capitalisation and liquidity of any country across the...