Posted: March 2nd, 2015

The banking Market monopoly

– The banking Market monopoly & kill the competition
Under this title should be discuss how this issue influence on the banking market the on the economy of the country. This issue existed on Saudi Arabia for the same reasons mentioned above, when the government doesn’t deal smoothly with the licencing for new banks on the market, at the same time they safe the exists banks and doesn’t open the competitions for the local or foreign investment to access on Saudi market. How these reasons made the international entities ask SAMA to develop their laws on banking supervision and change the BCL 1966. It’s important to justify how and why these arguments involve on the research chain. In addition, to clarify how and why this issue influence on the banking sector as a special case then by default on economy of the country. However, the issues on chapter 1 and 2 will be related to these issues.

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