• Saudi National Bank: Regulators ready to plug holes, Credit Suisse panic is unwarranted

Market news

16 March 2023

Saudi National Bank: Regulators ready to plug holes, Credit Suisse panic is unwarranted

Citing Saudi National Bank's Chairman, Ammar Al Khudairy, Bloomberg tweeted out, “panic surrounding Credit Suisse is unwarranted," adding that “regulators are ready to plug holes when they appear.”

Al Khudairy said, “If you look at what even the Swiss National Bank said yesterday with all the ratios, they're all sound, everything is fine.”

more to come ...

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