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Saudi lenders press on with loans clean-up
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Khaleej Times
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July 31, 2010
RIYADH â?? Three Saudi lenders have booked provisions for loan losses during the second quarter, as the Saudi banking sector pushes on with a clean-up loan portfolios hit by defaults of local firms. Samba Financial Group, the kingdomâ??s second-biggest lender by market value, booked SR57.4 million (...
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