List of all articles filed under “saudi-arabia-banking” category.
“For home finance, the banks and the dedicated mortgage companies are already extremely active in the market. The new mortgage law is very strong and supportive,” explains Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“Saudi Arabia, being a very young and very technology-savvy society, is an ideal ground for Internet banking. What we have seen is very fast-growing usage of our internet banking channels, and even faster growth of our mobile applications,” explains Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“The banking sector mirrors the economy, so the outlook is extremely bullish,” claims Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
“All Saudi banks are Basel III compliant, and have been so for many months already of the official deadline. We were probably the first country in the world to have all of its banks Basel III compliant,” says Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.
Saudi banks are not only earning money on oil trading. While one might suggest that Saudi lenders became big due to a windfall of the country’s revenues from energy exports, little is known about the Saudi role as the biggest capital market in the Arab world.
Dr. Boutros Klink, CEO of Standard Chartered
Saudi Arabia, compared to the other nations in the GCC, has the largest population. It also has the largest local population. So the demographics mix is different. In the credit card industry, the way we deal with the customer base is very different because we are able to build long term relationships with the customers and service their needs as their requirements grow throughout their life cycle.
Priyan L. Attygalle CEO of American Express, Saudi Arabia
Saudi Arabia, compared to the other nations in the GCC, has the largest population. It also has the largest local population. So the demographics mix is different. In the credit card industry, the way we deal with the customer base is very different because we are able to build long term relationships with the customers and service their needs as their requirements grow throughout their life cycle.
Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank
The banking sector in Saudi Arabia is, of course, connected to the Saudi economy, and the economy in the kingdom is doing extremely well on the backdrop of huge public sector investments, as well as growth of SMEs and rapidly expanding middle class.
