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KPMG: Despite increase in cost of funds and liquidity constraints, Saudi banking industry reported robust growth in 2022

With the global banking industry making headlines in the past weeks, the Saudi banking sector published its annual results for 2022. According to KPMG,...

KPMG: Upsurge in capital demand expected to further fuel strong interim performance of Saudi banks

Banks in Saudi Arabia are expected to continue to prioritise their liquidity demands for the coming year despite enhanced earnings, through focusing on raising...

KPMG hosts Middle East, South Asia and Caspian Family Business Summit in Riyadh

KPMG Middle East, South Asia and Caspian (MESAC) Family Business Summit 2022, the flagship regional event for owners and senior leaders of family businesses,...

KPMG Report: Riyadh real estate sectors show positive growth trends in H1 2022

KPMG released its first ever interactive and advanced “Riyadh Real Estate Market Overview” highlighting the indicative investment opportunities, market trends, and market performance for...

KPMG: Banks in pursuit of purpose-led and customer-centric strategies as they gravitate towards sustainable growth

KPMG announced the launch of its latest Banking perspectives: Saudi Arabia 2022 publication, titled “Purpose-led banking,” emphasizing the evolving landscape in the Kingdom’s financial...

KPMG: Saudi Arabian insurance firms pursued digitalization and expected to close year-end with higher top-line

Insurance companies in Saudi Arabia continued their top-line growth momentum at the end of Q3 2021, with a matching trend foreseen for year-end, KPMG...

Saudi banks post sturdy interim results, without any single domestically significant credit default according to KPMG

KPMG published the latest edition of its “Banking Pulse,” a quarterly report series, highlighting the latest developments in the Kingdom’s banking sector following the...

Record-breaking VC investment in fintech in first half of 2021

Overall, global fintech funding across M&A, PE, and VC deals soared to a new high in H1’21, according to KPMG’s Pulse of Fintech, a...

Oracle and MEA Finance hosts Connect Core Banking with Finance- A Winning Digital Strategy webinar

On the 18th of August, Oracle and MEA Finance, in partnership with The Wealth Today, hosted the Connect Core Banking with Finance- A Winning...

KPMG Report: Banking CEOs have shifted investment focus to customer experience technology and data security

The latest KPMG Banking Pulse Quarterly, with the financial performance of 10 listed Saudi banks, presents insights from the firm’s recent CEO Outlook pulse...

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