Live Breaking News & Updates on Saudi Economic Association Saad
Stay updated with breaking news from Saudi economic association saad. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Many Saudi banks have recently increased their capital, and five others on the financial market: al-Inma, al-Jazira, al-Bilad, Arab National, and Saudi Investment Bank announced their plans to increase capital, which will contribute to a total increase of $4.5 billion, according to analysts. What prompts banks to increase their capital? The head of asset management at Arbah Capital, Mohamed al-Farraj, indicated that this measure aims to adhere to Basel standards, seeking to enhance the banking sector by ensuring capital adequacy to cover credit and operational risks. ....
Many Saudi banks have recently increased their capital, and five others on the financial market: al-Inma, al-Jazira, al-Bilad, Arab National, and Saudi Investment Bank announced their plans to increase capital, which will contribute to a total increase of $4.5 billion, according to analysts. What prompts banks to increase their capital? The head of asset management at Arbah Capital, Mohamed al-Farraj, indicated that this measure aims to adhere to Basel standards, seeking to enhance the banking sector by ensuring capital adequacy to cover credit and operational risks. ....