Osool LLP
1 Contributions by Osool LLP Experts
PRACTICE NOTES
Loan market and developments
A concise outline of the present condition of the loan markets in this jurisdiction and key recent developments is set out below. Saudi Arabia’s lending landscape appears comparatively insulated from challenges troubling financiers in other regions, partly owing to the adoption of core Basel III measures, encompassing leverage, liquidity and capital adequacy ratios, all of which are closely supervised by the Saudi Central Bank (SAMA). Another contributing factor is that borrowing is generally not credit-led, but is instead strongly anchored in the provision of security. Whatever the drivers, the domestic market remains notably robust, with rising investment both within the Kingdom and from overseas. An extensive range of credit options exists: commercial bank facilities offering low rates to personal and corporate customers, and medium to long-term funding from bodies such as the Islamic Development Bank and the Saudi
Banking & Finance
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