Saudi banks’ NPLs up 6% in Q1, coverage ratio at 123%
Argaam Report Last Updated Date (09/07/2023)
The consolidated credit portfolio of Saudi banks grew by nearly 12% to SAR 2.34 trillion in Q1 2023, from SAR 2.09 trillion in the year-earlier period, according to data compiled by Argaam.
Non-performing loans (NPLs) rose 6% to SAR 40.8 bi
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