Oct 17 (Reuters) - Moody‘s:
* Moody’s - Reduced project pipeline and rising indebtedness in the saudi construction sector pose risks for banks
* Moody’s - Rising challenges in saudi construction sector will lead to rising nonperforming loans(npls),higher provisioning costs for country’s banks
* Moody’s on Saudi banks - Expect the magnitude of the asset quality deterioration to be within the banks’ profit margins
* Moody’s on Saudi banks - Banks’ high capital buffers can absorb a material stress from downside scenarios in the building and construction sector.
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