2008-03-16 - AME Info | Saudi Arabia | Latest News - Around SR312bn was taken in loans by Saudi nationals and expatriates in 2007, according to a financial report. Some 4.8 million Saudis and 461,000 expatriates took bank loans or financed purchases, because favourable conditions made it easier to get credit. Financial analyst Nabeel Al-Mubarak said 86% of loans were in the form of consumer debt, said Arab News.  

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