The Saudi Arabian Monetary Authority (SAMA) reported that 8.8 billion Saudi Riyals ($2.4 billion) worth of Saudi banking deposits have returned from banks abroad in the past three months following the September 11 terrorist attacks on the United States, reported Al-Sharq Al-Awsat . SAMA also reported that total Saudi deposits into foreign banks declined from SR 51.6 billion ($13.8 billion) to SR 42.5 billion ($11.4 billion) during the same period. These figures translate into a 17 percent drop. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
