Godfrey Sullivan

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Saudi banks to lead the sector’s post-pandemic recovery

AD S&P Global Ratings Roman Rybalkin: The Saudi economy is expected to recover in 2021-2022 due to an increase in global demand for oil and increase of private consumption
MD BCG Godfrey Sullivan: The pandemic has taken a toll on the retail banking sector, and we believe that a slow-recovery scenario is most likely to occur for GCC retail banks

By Deema Al Khudair · 11 March 2021