Minister ofFinance Mohammed bin Abdullah Al-Jadaan confirmed that Switzerland has a strongand highly developed banking sector, and is building the financial technologysector, noting that the Kingdom has succeeded in developing a strong financialsector, as Non-oil GDP growth rate rose from 17.4% in 2018 to 18.3% in thesecond quarter of 2019.
This hascome, in a speech, during the opening of the Saudi-Swiss financial dialogue inRiyadh, in the presence of the President of the Swiss Confederation UeliMaurer.
At thebeginning, he welcomed the Swiss President and accompanying delegation in theirsecond country Saudi Arabia, expressing his delight to launch the first roundof financial dialogue between the Kingdom and Switzerland, referring to thestrong historical relationship between the Kingdom and Switzerland, especiallyin the financial sector, pointing out that the Kingdom recently granted thebanking license to Credit Suisse to operate in the Kingdom.
