Saudi Arabia’s banking sector is fully prepared to finance studied petrochemical projects, said Ibrahim Al-Subaie, chairman of Al-Bilad Bank.  

 

There is significant growth in finance available for the petrochemical sector, Al-Subaie said to Asharq Al-Awsat newspaper.

 

This growth will continue in Saudi as a result of the increasing demand for these types of investments, he said. 

 

He added that the economic slowdown in Asian economies— which is considered the most important market for Saudi petrochemical products— will affect the profit margins.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request