Saudi banks’ Q1 2022 aggregate profit jumps 23% to SAR 14.7 bln
- Date: 28-Apr-2022
- Source: Argaam
- Sector:Financial Services
- Country:Saudi Arabia
Saudi banks’ Q1 2022 aggregate profit jumps 23% to SAR 14.7 bln
Saudi-listed banks reported a 23% rise in aggregate net profit to SAR 14.7 billion in Q1 2022, compared to SAR 12 billion (excluding Samba Financial Group) a year earlier, according to data compiled by Argaam.
Most banks attributed the pro