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Saudi banks’ NPLs down 11% to SAR 36.8B in Q1 2024; coverage ratio at 131%
Argaam Report: Last Updated Date (15/05/2024)
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The consolidated credit portfolio of Saudi banks grew by nearly 11% to SAR 2.58 trillion by the end of Q1 2024, from SAR 2.34 trillion in the year-earlier period, according to data compiled by Argaam.
Non-performing loans (NPLs) decreased
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