Cripps: SABB Sees Strong Saudi Outlook For 2023

The transcript discusses the economic performance in 2022, highlighting strong GDP and credit growth. It explores the Federal Reserve's influence on interest rates and net interest income, with a focus on the 2023 outlook. The financial conditions in Saudi Arabia, particularly liquidity issues, are examined, along with potential debt market activities and consolidation trends in the banking sector. The transcript concludes with insights on inflation and structural shifts in the global economy, suggesting possible changes in inflation targets.

What was the GDP growth rate in 2022?

How did the housing market perform in terms of mortgage growth?

What interest rate level is the Federal Reserve projected to reach?

What factors contributed to the liquidity constraints in Saudi Arabia?

How does the central bank manage liquidity in the market?

What is the expected trend for consolidation in the banking sector?

What are the structural shifts affecting inflation according to the discussion?