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Moody's Confirms Samba's Solvency, Capital, Asset Quality

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Moody's Confirms Samba's Solvency, Capital, Asset Quality

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Moody's confirmed that Samba Financial Group maintained its advanced credit rating with stable prospects in line with the stable outlook for the A1's sovereign rating, supported by the Group's high solvency, strong liquidity, high flexibility against asset risk and high profitability reduces the likelihood of a decline in the Group's credit rating.

Moodys based on Samba's creditworthiness report issued in September was based on a number of topics related to the financial and liquidity register, the equity and equity ratio of the capital base, and flexible asset qualities and profitability levels. By analyzing these indicators, Samba showed strength in its indicators, which gives an optimistic view of its ability to develop profitability.

The quality of SAMBA's assets showed a remarkable stability to a greater degree than its counterparts from other banks. Samba's strategy to reduce market risk was positive, with 72.6 percent of the Investment Records attributable to state and semi-party parties, while the ratio of non-lending to total loans was low, in a positive sign compared with local Saudi banks. With regard to the capitalization axis and profitability, Moody's strong capital reserves confirmed the high capacity to withstand credit losses that can be generated by core and negative expectations.

Samba also maintained a strong share of tangible assets of 18.4 per cent of tangible assets, reflecting a positive achievement that exceeds the gender equality of international and local gender equality. According to the analytical mechanism adopted by Moody's, the capital adequacy ratio for Tier 1 Tier 1 was 22.7 percent according to Basel III and 23.3 percent capital adequacy ratio, which strengthens the positive outlook for the bank's market capitalization over the period 12 to 18 months ahead.

With regard to the bank's strong financing and liquidity ratio, supported by strong domestic deposits, it is noted that the acquisition of the market refinancing item for tangible bank balances was 5.6% and much lower than the average of 18.1%.

Reporting the bank's ability to maintain its deposit stability despite limited confidence for market funding. During the past 18 months, Samba has had the opportunity to maintain its deposit stability and low demand levels. The bank's liquidity ratio remains strong, enabling short-term deposit fluctuations with positive expectations of earnings. With a strong liquidity position based on the bank's reputation, its leading brand and private bank.

Based on these positive indicators, Moody's revealed that it expects Samba to maintain strong earnings levels that support its credit points, and that, thanks to credit growth and lower operating costs, Samba can overcome any supply pressures.

Samba has recorded the highest profit in the bank's history since its start in the second half of 2018.

Moody has stated in its report that Samba's efficiency and high credit rating was due to the Bank's increasing dependence on banking technology, strong banking culture, commitment to overall quality standards for business management, strong business business and its active operations in project finance, cash management, financial products and corporate finance.

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China’s Economy Lags in July Under Pressure from Tariffs and a Weak Property Market

People ride scooters on a street in Beijing, China, 13 August 2025. (EPA)
People ride scooters on a street in Beijing, China, 13 August 2025. (EPA)
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China’s Economy Lags in July Under Pressure from Tariffs and a Weak Property Market

People ride scooters on a street in Beijing, China, 13 August 2025. (EPA)
People ride scooters on a street in Beijing, China, 13 August 2025. (EPA)

China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday.

Uncertainty over tariffs on exports to the United States is still looming over the world's second-largest economy after President Donald Trump extended a pause in sharp hikes in import duties for 90 days, beginning Monday, following a 90-day pause that began in May.

As officials worked toward a broader trade agreement, China reported earlier that its exports surged 7.2% in July year-on-year, while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of the truce in Trump's trade war with Beijing.

But that also reflected a lower base for comparison, and manufacturers have slowed investments, hiring and production as they watch to see what comes. Chinese manufacturers also have ramped up shipments to Southeast Asia, Africa and other regions to help offset lost business in the US.

Still, annual growth in industrial output fell to 5.7% in July from 6.8% in June, the National Bureau of Statistics said.

Investments in factory equipment and other fixed assets rose a meager 1.6% in January-July, compared with 2.8% growth in the first half of the year.

Property investments plunged 12% in the first seven months of the year, with residential housing investment dropping nearly 11%.

Prices for newly built housing in major cities fell 1.1%, as a prolonged downturn in the property industry lingered.

The meltdown in the housing market hit just as the COVID -19 pandemic began, sapping one of the economy's main drivers of growth and causing dozens of developers to default on their debts.

The crisis rippled throughout the economy, destroying jobs for millions of people.

The government has sought to ensure that most housing that was paid for gets built, but sales remain weak despite a series of moves meant to entice families into back into the market.

Since most Chinese families have their wealth tied up in property, the anemic housing market has been a major factor crimping consumer spending. In July, retail sales rose 3.7%, the slowest rate in seven months and down from a 4.8% increase in June.

The unemployment rate rose to 5.2% from 5% as university graduates began looking for work.

While consumer prices rose 0.4% in July from the month before, prices at the wholesale level slipped 3.6% from a year earlier in another indicator of relatively weak demand.