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Credit

Saudi bank credit rises 15% to $801.44bn

The total bank credit granted to the public and private sectors in Saudi Arabia reached its highest level at SAR3,005.9 billion ($801.44 billion) by the end of January 2025, according to the monthly statistical bulletin issued by the Saudi Cen

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Saudi PIF completes $7bn debut murabaha credit facility

Saudi sovereign wealth fund PIF has announced the completion its first murabaha credit facility for the sum of $7 billion, as part of its medium-term capital raising strategy.   The financing structure is backed

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Saudi PIF completes $7bn debut murabaha credit facility

Saudi sovereign wealth fund PIF has announced the completion its first murabaha credit facility for the sum of $7 billion, as part of its medium-term capital raising strategy.   The financing structure is backed

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Strong credit metrics support oil, gas despite emerging risks: Fitch

Fitch's neutral sector outlook for global oil and gas is based on a balanced market with brent crude oil prices forecast at $70 per barrel, reflecting large spare capacity of Opec+ (group consisting of Opec members plus other oil-producing

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Strong credit metrics support oil, gas despite emerging risks: Fitch

Fitch's neutral sector outlook for global oil and gas is based on a balanced market with brent crude oil prices forecast at $70 per barrel, reflecting large spare capacity of Opec+ (group consisting of Opec members plus other oil-producing

More…

Strong credit metrics support oil, gas despite emerging risks: Fitch

Fitch's neutral sector outlook for global oil and gas is based on a balanced market with brent crude oil prices forecast at $70 per barrel, reflecting large spare capacity of Opec+ (group consisting of Opec members plus other oil-producing

More…

Kuwait credit growth pressured in July ‘but household solid’

Kuwait’s domestic credit growth in July was weighed down by a 10% plunge in lending to banks/financial institutions, pulling down the YTD increase to 1.8% (+2.8% y/y), says NBK-Economic Research.   But Kuwa

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Kuwait credit growth pressured in July ‘but household solid’

Kuwait’s domestic credit growth in July was weighed down by a 10% plunge in lending to banks/financial institutions, pulling down the YTD increase to 1.8% (+2.8% y/y), says NBK-Economic Research.   But Kuwa

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Islamic banks account for 21% of gross domestic credit: CBUAE

Gross credit provided by Islamic banks increased by 1.1% in the first four months of 2024 to AED433.7 billion, constituting more than 21% of aggregate bank loans and financial facilities, according to banking indicators by bank type – conv

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Islamic banks account for 21% of gross domestic credit: CBUAE

Gross credit provided by Islamic banks increased by 1.1% in the first four months of 2024 to AED433.7 billion, constituting more than 21% of aggregate bank loans and financial facilities, according to banking indicators by bank type – conv

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