Riyadh - Mubasher: The recent deposits by the Saudi Arabian Monetary Agency (SAMA) in local banks is a usual activity to ensure financial stability and sufficient liquidity in the banking system, said Talat Hafez the secretary general of the Media and Banking Awareness Committee of Saudi banks.
It’s not an unprecedented procedure, stressed Hafez, negating any liquidity deficits in saudi banks, as shown by the liquidity ratios and other financial stability indicators of the saudi banking sector.
