Deputy governor of Saudi’s SAMA briefs his nation on why the financial crisis has had such a devastating impact on world economies, but stresses that the crisis will force banks to straighten out their practices.January 28, 2009 1:49
Saudi banks not threatened by Saad fiascoSeptember 2 2009 by Adnan Jaber
The governor of Saudi Arabia Monetary Agency (SAMA) said that Saad and Algosaibi Groups’ $22 billion debt poses no threat to the nation’s banking system. What?
Muhammad Al-Jasser, governor of Saudi Arabian Monetary Agency (SAMA), said Tuesday that the debts of business conglomerates Saad Group and…