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HSBC Plc

HSBC Plc latest

Local lenders in Saudi Arabia are dominating the market, prompting overseas banks to surrender their licenses as they struggle to compete.
August 19th, 2014 - 08:13 GMT

Too foreign? An inside look into the struggles of foreign banks in Saudi Arabia

Some international banks have started shrinking in Saudi Arabia even as the kingdom plans to open its $577 billion stock exchange to direct international investment
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