FA Retail Banking Practice Questions - Financial Academy Retail Banking Foundations Professional Exam (Saudi Arabia) Exam

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Under the Banking Control Law, what is the default statutory deposit every bank must maintain with SAMA relative to its deposit liabilities?

Not less than 15% of deposit liabilities Not less than 5% of deposit liabilities Exactly 20% of risk-weighted assets Not less than 25% of paid-up capital

Correct Answer:

Not less than 15% of deposit liabilities

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