Saudi Arabia's Central Bank Governor on Raising Capital Levels for Insurers

The video discusses the potential impact of the coronavirus outbreak on the Saudi economy, emphasizing the interconnectedness of global trade and financial markets. It explores government spending and economic support tools, trends in the banking and insurance sectors, and the effects of the Aramco IPO on capital flows. The video also covers private sector credit growth, particularly in the mortgage market, and the roles of monetary and fiscal policy in maintaining global economic stability.

What is the primary reason for the uncertainty in assessing the impact of the coronavirus outbreak on the Saudi economy?

• High oil prices

• Global economic stability

• Lack of data

• Strong economic policies

Which policy is primarily responsible for supporting the Saudi economy during the coronavirus outbreak?

• Fiscal policy

• Trade policy

• Environmental policy

• Monetary policy

What is the main challenge facing the insurance sector in Saudi Arabia?

• Strict government regulations

• Too many small companies

• Lack of demand

• High competition from foreign companies

What was the impact of the Aramco IPO on Saudi Arabia's capital flows?

• Outflows to other markets

• No change

• Increased inflows

• Decreased inflows

What sector experienced double-digit growth in lending last year in Saudi Arabia?

• Corporate sector

• SME sector

• Mortgage sector

• Insurance sector

What is a potential risk associated with the rapid growth in mortgage lending?

• Increased interest rates

• Pent up demand

• Lack of housing supply

• Decreased government support

What is Saudi Arabia's stance on providing financial assistance to Lebanon?

• Conditional support

• Immediate assistance

• Joint aid with other countries

• No current plans