In pursuance of its role of monitoring economic developments and its policy of supporting the stability of domestic financial condition, which is showing good financial indicators, including low NPL ratio of no more than 1.3 percent of total loans, high provisioning of more than 165 percent of total NPLs, and high regulatory capital adequacy ratio of more than 18 percent, SAMA has decided to continue its supportive policy by using some of the instruments available at its disposal, including:
- Injection, on behalf of government entities, of more than SAR 20 billion in a form of time deposits with banks; and
- Offering seven- and 28-day repo maturities, in addition to the current overnight maturity.
