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Saudi banks outperform regional counterparts with assets growing by 10% to $880bn

RIYADH: Saudi Arabia’s banking sector continued to outperform its regional counterparts in 2021 with assets growing by a record 10 percent to SR3.3 trillion ($880 billion), said a report by The Banker. The Banker’s Top 100 Arab Banks ranking showed that Saudi lenders’ combined Tier 1 capital base is higher than any other country in the region. The ranking was issued for the
Saudi Arabia Ar Riya United Kingdom Abu Dhabi Abuz Aby United Arab Emirates

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