Saudi Banks Safe from Troubled US Banks

[Sarah]

Ayman Al-Sayari, Governor of Saudi Central Bank (SAMA), ruled out any transactions between Saudi banks and troubled US banks, affirming that the Kingdom’s banking sector enjoys capital adequacy and reassuring liquidity.Al-Sayari spoke with Al-Arabiya TV on the sidelines of the Financial Sector Conference in Riyadh when he added that the Kingdom fully believes in the partnership between SAMA and the Financial Sector Development Program.He noted that the partnership will achieve Saudi Arabia’s Vision 2030 goals by supporting the growth and sustainability of the local economy while preser

أكثر... (https://aawsat.com/node/4217631)