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SAUDI ARABIA: PERSONAL LOANS VALUED.

IPR Strategic Business Information Database, April, 2008

Content provided in partnership with HighBeam Research

According to Al-Khaleej newspaper (April 28, 2008), Mr. Abdul Rahman Al Sultan, an economic expert, announced that the value of the total personal loans in the Kingdom of Saudi Arabia hit SR 197 billion last year. The specialist added that the recent trends in stock market investing have exacerbated the demand for personal loans.

 

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