Saudi banks’ aggregate profit tumbles 39% to SAR 2.90 bln in May

Argaam Report
Last Updated Date (28/06/2020)

Saudi-listed banks reported a 39% slump year-on-year (YoY) in aggregate net profit before Zakat and tax to SAR 2.90 billion in May 2020, data from the Saudi Arabian Monetary Authority (SAMA) showed.

The sector’s aggregate earnings fell by

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Saudi banks’ aggregate profit tumbles 39% to SAR 2.90 bln in May

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Saudi banks’ aggregate profit tumbles 39% to SAR 2.90 bln in May

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