Saudi Central Bank Conducts Stress Tests on Banks Amid Moderate Inflation

Saudi Arabia’s central bank conducts periodic stress tests on the country’s banks, Saudi Arabian Monetary Agency Governor Muhammad Al-Jasser said today.

The kingdom’s banks are the least leveraged in the six- member Gulf Cooperation Council, Al-Jasser told the Euromoney conference in Riyadh today.

To contact the reporter on this story: Glen Carey in Dubai at gcarey8@bloomberg.net

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