Trade finance and corporate banking in the KSA closed 2010 on a very positive note and are both poised for further growth in 2011, comments CAROLINE MAGINN, trade partner at CMM The Tajara Monitor Full Year report revealed that in 2010 Riyad Bank narrowly held on to its lead position but is now challenged by a resurgent national Commercial Bank, whilst …
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The power behind the KSA’s No 1 trade bank
As at Q3 2010, Riyadh Bank’s corporate liabilities rose over Q2 2010 to reach SAR90bn, whilst over the same period corporate assets also rose to SAR90bn and trade related contingencies held fi rm at SAR56bn. In recent years, the bank achieved market shares of approximately 20 per cent in each category and continued to occupy the No1 position in the …
Read More »Corporate banking stays in top spot
In broad terms, corporate banking remained a prime business segment for banks within Saudi Arabia, whether measured as a percentage of assets, liabilities or operating and net income, writes. CAROLINE MAGINN, Cash Management Matters – CMM trade partner As global trade continues to recover banks are playing an important role in financing it. They are providing a range of traditional …
Read More »Corporate banking still prime business
As part of its aim to create transparency in the trade finance marketplace, CMM publishes this report, prepared by CAROLINE MAGINN, Cash Management Matters, CMM trade partner. This research will be updated quarterly throughout the year and anticipates the full-year report for 2010, which will be released after annual reports are published by the banks in Saudi Arabia. In the …
Read More »Cash Management Matters (CMM) launches the Tajara Monitor for the Kingdom of Saudi Arabia
CMM trade partner CAROLINE MAGINN explains why the company is proud to launch the Tajara Monitor (the”Tajara”) for teh Kingdom of Saudi Arabia (KSA) and the publication’s importance in the field of trade finance This is the first publication to the market that looks in depth at the trade finance market-place in the KSA and at its underlying drivers, namely: …
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