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Friday, July 1, 2022 by Christoph.Schmid|Comment 0
within category Central Bank policy,Saudi-Arabia,IPO
The Saudi Central Bank (SAMA) has injected liquidity into the banking sector. This appears to be occurring on the back of a lack of FX intervention (despite high oil prices), tight fiscal policy and strong credit growth. SAMA appears keen to sustain robust lending growth ; The additional liquidity maintains the focus on providing liquidity to banks (understand supporting the oncoming IPOs), rather than draining it, over the coming months.
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