Saudi banks post 21% rise in non-performing loans in Q3 2019
Last Updated Date (17/11/2019) Argaam Report
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Saudi Arabian banks saw an increase of nearly 21% year-on-year (YoY) in non-performing loans (NPLs) to SAR 25.5 billion in Q3 2019, according to data compiled by Argaam.
NPLs coverage ratio declined YoY to 160% in Q3 2019 from 188% in Q3 2018
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