Saudi banks’ aggregate profit leaps 45% to SAR 5.61 bln in June
- Date: 31-Jul-2022
- Source: Argaam
- Sector:Financial Services
- Country:Saudi Arabia
Saudi banks’ aggregate profit leaps 45% to SAR 5.61 bln in June
Saudi-listed banks reported a 45% rise in aggregate net profit before Zakat and tax to SAR 5.61 billion in June, from SAR 3.87 billion a year earlier, data from the Saudi Central Bank (SAMA) showed.
The data covers the results of Tadawul-listed banks and some foreign banks operating in Saudi Arabia.