Saudi Arabia sees private sector lending up 11.7%
2012-02-27 - | Saudi Arabia | Latest News - Saudi Arabia: According to data by the Saudi Arabian Monetary Agency (SAMA), bank lending in the kingdom to the private sector rose 11.7% in January, its fastest growth rate since May 2009, and up from 10.6% in December 2011, Reuters has reported. The central bank's net foreign assets reached a record high of SR2 trillion ($541.3bn), the figures showed.  

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