Everand Logo

Welcome to Everand!

  • Newsweek

    Banking sector is platform for growth

    Jan 17, 2020 3 minutes

    With more than a dozen players of varying size, Saudi Arabia’s banking industry is well capitalized, a key conduit for FDI and trade, and complemented by a financial services sector comprising insurance companies, specialized lending institutions, and the stock exchange (Tadawul).

    Industry guardian the Saudi Arabian Monetary Authority (SAMA) operates as the central bank, with its remit including the supervision of banks and financial entities, management of monetary policy, and responsibility for ensuring strict compliance with banking system rules and regulations. The banking sector is at the heart of Vision 2030, with the

    You’re reading a preview, subscribe to read more.

    More from Newsweek

    Newsweek3 min read
    Newsweek US
    GLOBAL EDITOR IN CHIEF _ Nancy Cooper EXECUTIVE EDITOR _ Jennifer H. Cunningham VICE PRESIDENT, DIGITAL _ Laura Davis DIRECTOR OF OPERATIONS _ Melissa Jewsbury OPINION EDITOR _ Batya Ungar-SargonGLOBAL PUBLISHING EDITOR _ Chris Roberts SENIOR EDITOR-
    Newsweek4 min read
    Penn & Kim Holderness
    Newsweek _ What made you want to write this book? Penn Holderness _ You write the book you need. I knew that I needed to write this book when I saw that raising a family added a new level of difficulty to my brain being able to handle multiple tasks
    Newsweek1 min read
    Shadows and Light
    The solar eclipse, seen here behind the Statue of Liberty on April 8, helped brighten up the U.S. economy. New York City, which was not on the path of totality, enjoyed 90 percent coverage as the moon passed in front of the sun. The Perryman Group es

    Related