The Saudi Investment Bank announces its Annual Financial Results for the Year Ended on 31-12-2023

The Saudi Investment Bank announces its Annual Financial Results for the Year Ended on 31-12-2023

04 February 2024 09:03 AM

Element List

Current Year

Previous Year

%Change

Total Income From Special Commission of Financing

5,528

3,014.9

83.36

Total Income From Special Commission of Investment

1,887.2

1,052.4

79.32

Net Income From Special Commission of Financing

2,764.4

2,237.2

23.57

Net Income From Special Commission of Investment

652.8

607.7

7.42

Total Operations Profit (Loss)

3,966.6

3,277.9

21.01

Net Profit (Loss) before Zakat and Income Tax

2,028.3

1,712

18.48

Net profit (Loss)

1,761.6

1,507.9

16.82

Total Comprehensive Income

1,962.8

-259.3

-

Assets

129,984

109,071

19.17

Investments

32,301

28,180

14.62

Loans And Advances Portfolio (Financing And Investment)

80,751

68,883

17.23

Clients' deposits

83,233

69,579

19.62

Total Shareholder’s Equity (After Deducting The Minority’s Rights)

14,520

13,575

6.96

Total Operating Expenses Before Provisions for Credit and Other Losses

1,656.8

1,445.2

14.64

Total Provision of Expected Credit Losses And Other Losses (Reversing Entry),