SAMA committed to providing banks with liquidity: official

02/05/2018 Argaam

 

The Saudi Arabian Monetary Authority (SAMA) is committed to providing any liquidity the banking system might need, Fahad Al Shathri, the central bank’s deputy governor for research and international affairs, said at the Euromoney Conference 2018 in Riyadh.

 

The Kingdom’s banking system is stable and one of the world’s top five strongest systems, he said, adding that Saudi monetary policy has been both effective and solid for the past 30 years.

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