Saudi central bank chief affirms banking sector strength amid market tensions

Saudi Central Bank Governor Ayman Al-Sayari has affirmed that the Kingdom’s banking sector has maintained its strength despite ongoing market tensions.

Al-Sayari explained that liquidity and capital indicators reflect the resilience of Saudi Arabia’s banking system, adding that the national economy has demonstrated clear ability to withstand shocks.

Reserves and investments support the economy

He added that the strength of the Saudi economy is underpinned by substantial foreign reserves, as well as long-term investments that help reinforce the Kingdom’s financial stability.

Al-Sayari noted that investments in energy infrastructure are beginning to bear fruit, positively impacting the national economy.

View the post on X

He also pointed out that the East–West Pipeline has supported the continuity of Saudi oil exports, further strengthening the Kingdom’s position in global markets.