We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

NCB Capital cuts Saudi Investment Bank, Arab National Bank

NCB Capital cuts Saudi Investment Bank, Arab National Bank

Saudi banks with significant exposure to the corporate sector may see their net interest margins shrink as competition increases, NCB Capital said, downgrading Saudi Investment Bank and Arab National Bank to "neutral" from "overweight."


March 14, 2012 1:59 by

The brokerage, however, expects loan growth of 12.4 percent at Saudi banks in 2012, led by a 16 percent retail loan growth.

“Improved provision coverage, asset quality and capital base make Saudi banks well-equipped to continue the strong lending growth recorded in 2011,” analyst Farouk Miah wrote in a March note for the sector.

He also expects the continued government spending and low interest rates to drive corporate lending and boost domestic liquidity.

The analyst named Al Rajhi Bank, Samba Financial Group and Riyad Bank as top picks in the sector. (Reporting by Rachel Chitra in Bangalore; Editing by Don Sebastian)


Tags: , , , , , ,

Leave a Comment