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BRIEF-Moody's: Saudi Arabia's banking system outlook remains stable

Oct 8 (Reuters) - The outlook for Saudi Arabia's banking system remains stable, says Moody's Investors Service in a new Banking System Outlook published today. The key drivers of the outlook are (1) a benign operating environment; (2) low problem loan levels; (3) strong loss-absorption capacity, underpinned by high capital buffers and solid profitability; and (4) the sector's stable, low-cost deposit base and ample liquidity.

Keywords: MARKETS RATINGS SAUDIARABIABANKINGSYSTEM