"Emerging Opportunities in Saudi Arabia's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape" Published
The Saudi Arabian banking system is well capitalized and consists largely of commercial banks. In April 2012, the international monitory fund (IMF) stated that there were 23 licensed banks in operation in the country. Compared to other Gulf Co-operation Council (GCC) countries, the Saudi Arabian cards and payments industry is considered, by MasterCard's 2012 consumer confidence survey, to be extremely optimistic. It offers credit, debit, prepaid and charge cards to corporations and consumers. During the review period (2008-2012), nominal growth...
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