The consolidated profits of banks operating in Saudi Arabia rose 86 percent to SAR 2.95 billion in December 2014 compared to SAR 1.59 billion for the same month last year, according to the central bank’s monthly newsletter.

The banks recorded SAR 40.16 billion in profit for 2014, a 12 percent increase than the previous year, which amounted to about SAR 35.7 billion. 

The earnings included the results of 12 bourse-listed Saudi banks and the 11 foreign banks operating in the kingdom.

 

 Consolidated Profit - 2014 (SAR bln)

change

2014

2013

period

+13%

3.69

3.26

Jan

+4%

3.11

2.99

Feb

+14%

3.49

3.05

March

+38%

4.33

3.14

April

+11%

3.57

3.22

May

(16%)

2.83

3.38

June

+7%

3.41

3.18

July

+29%

3.80

2.94

Aug

(16%)

2.51

2.99

Sep

+5%

3.30

3.14

Oct

+13%

3.18

2.81

Nov

+86%

2.95

1.59

Dec
 

The consolidated balance sheet of Saudi banks showed a 13 percent increase in assets reaching SAR 2,133 billion by the end of December 2014.

Deposits increased 12 percent to SAR 1,576 billion and loan portfolios grew 12 percent reaching SAR 1,256 billion.

 

Consolidated Assets - Dec. 2014 (SAR bln)

change

2014

2013

Period

+11%

1937

1743

Jan

+11%

1953

1754

Feb

+12%

1991

1772

March

+12%

2012

1795

April

+12%

2032

1815

May

+12%

2032

1808

June

+13%

2051

1815

July

+14%

2069

1817

Aug

+13%

2068

1836

Sep

+15%

2114

1840

Oct

+12%

2092

1875

Nov

+13%

2133

1893

Dec
 

Consolidated Deposits - Dec. 2014 (SAR bln)

change

2014

2013

period

+13%

1434

1266

Jan

+14%

1438

1263

Feb

+14%

1474

1292

March

+14%

1492

1313

April

+12%

1495

1331

May

+13%

1495

1327

June

+15%

1521

1328

July

+15%

1524

1325

Aug

+13%

1526

1346

Sep

+15%

1550

1342

Oct

+13%

1542

1365

Nov

+12%

1576

1402

Dec
 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request