The Saudi Central pumps $ 13 billion to boost liquidity in the banking sectorVisits : 100

The Saudi Central pumps $ 13 billion to boost liquidity in the banking sector

The Saudi Arabian Monetary Agency (the Central Bank) said that it has pumped an amount of 50 billion riyals to enhance liquidity in the banking sector and enable it to continue its role in providing credit facilities to all its clients from the private sector, including the role of banks in supporting and financing the private sector by modifying or Restructuring their finances without any additional fees, supporting plans to maintain employment levels in the private sector, as well as exempting a number of fees for electronic banking services.