Saudi Efforts to Ease Liquidity Crunch Paying Off, SABB CEO Says

SABB CEO Tony Cripps discusses the bank’s full-year results and outlook.Source: Bloomberg

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By Yousef Gamal El-Din and Manus Cranny

February 20, 2023 at 7:31 AM UTC

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Saudi Arabia’s efforts to ease a recent liquidity crunch in the financial system are working and have calmed markets, according to the head of one of the kingdom’s largest lenders.