Saudi banks’ aggregate profits drop 46% to SAR 2.19 bln in December
Argaam Report Last Updated Date (28/01/2021)
Saudi-listed banks reported a 46% fall year-on-year (YoY) in aggregate net profit before Zakat and tax to SAR 2.19 billion in December 2020, data from the Saudi Central Bank (SAMA) showed.
The sector’s aggregate earnings fell by 23% to SAR 3
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