Fitch: Developing Saudi debt capital market will stimulate ‎growth

Fitch Credit Rating Agency confirmed that the development of the Saudi debt capital market will stimulate growth

According to Reuters, the agency said that sukuks dominate issuances in Saudi riyals

She indicated that the growth of the Saudi debt capital market is expected to be supported by the diversification of financing and the development of capital markets in Saudi Arabia.

It is expected that deposits will remain the main source of financing for Saudi banks in the long term.