Al Khudairy: Sees Excellent Returns From Credit Suisse

The transcript discusses the investment strategy of a stakeholder in Credit Suisse, focusing on the reasons behind the stock's decline, the financing of a 9.9% stake, and the potential for value accretion. It covers regulatory considerations, the tactical nature of the investment, and the opportunities for market expansion, particularly in Saudi Arabia. The discussion also touches on strategic partnerships and future plans, emphasizing the importance of leveraging expertise from global markets.

What is the primary reason for Credit Suisse's stock decline?

• Turnaround and restructuring plans

• Economic downturn

• Poor leadership

• Lack of investor interest

How is the 9.9% stake in Credit Suisse being financed?

• By selling other assets

• By issuing new shares

• From cash balance

• Through a loan

Why is additional equity in Credit Suisse not being considered?

• It would trigger regulatory hurdles

• Lack of funds

• No interest in Credit Suisse

• Already have a controlling stake

What is the expected return potential from the investment in Credit Suisse?

• Moderate

• Low

• Good

• Excellent

What additional opportunities are being considered with Credit Suisse?

• Developing joint initiatives

• Acquiring more shares

• Expanding into retail banking

• Entering new markets

What is the Saudi National Bank's stance on acquiring a European bank?

• Actively pursuing

• Open to the idea

• Already in negotiations

• Not in the current plans

What is the Saudi National Bank's approach to future deals?

• Avoiding international markets

• Focusing on technology sector

• Open to opportunistic deals

• Only interested in local deals