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BRIEF-Moody's revises outlook on Saudi Arabia's banking system to stable from negative
March 14, 2017 / 8:43 PM / 6 months ago

BRIEF-Moody's revises outlook on Saudi Arabia's banking system to stable from negative

March 14 (Reuters) - Moody’s

* Revises outlook on saudi arabia’s banking system to stable from negative

* Moody’s - despite low oil prices, the saudi economy will gradually recover, supported by government spending

* Moody‘s-Outlook reflects high risk-absorption buffers, easing funding pressures, as saudi banks’ credit profiles expected to be broadly stable in next 12-18 mos Source text for Eikon:

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