Aggregate net profit of Saudi banks rises 11% in FY 2018

Argaam Report
Last Updated Date (19/02/2019)

Saudi banks reported an aggregate net profit of SAR 49.96 billion by the end of fiscal year 2018, up 11 percent year-on-year (YoY), data compiled by Argaam show.

 

The 2018 combined profit included one-off gains of SAR 97.3 million reported b

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