The National Commercial Bank, Saudi largest bank, reported 2014 net profit of SAR 8655.2 million, a ten percent increase compared to the last year.
A net profit of SAR 1825.3 million was reported for Q4-2014 compared to SAR 1869.1 million for Q3-2014.
The bank attributed the increase of 2014’s net profit compared to last year to the increase of operating income.
The decline of Q4-2014’s net profit compared to the previous quarter (Q3) was attributed to the decline of operating income.
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