CurrencyFeaturedSaudi Arabia’s money supply reaches USD 783 billion, says Kingdom’s central bankIFM CorrespondentDecember 17, 2024December 16, 2024 by IFM CorrespondentDecember 17, 2024December 16, 2024 In October, time and savings deposits made up 33.07% of Saudi Arabia's total money supply, the highest amount in almost 15 years... Read more
BankingFeaturedSaudi banks’ credit profiles remain strong amid high oil pricesIFM CorrespondentJuly 3, 2024 by IFM CorrespondentJuly 3, 2024 Saudi Islamic banks have a strong position in the banking industry thanks to their larger retail franchises, which enable them to offer superior asset quality, reduced funding costs, and higher margins... Read more
BankingFeaturedNigerian banks suffer liquidity window drop: CBKInternational Finance Business DeskNovember 10, 2020 by International Finance Business DeskNovember 10, 2020 The average daily deposit dropped to N48.32 billion in 251 transaction days last year... Read more