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FINANCIAL NEWS
Saudi-Alinma Bank revenue grows by 19pct in H1
19 Jul 2017
(MENAFN) Alinma Bank has proclaimed the achievement of revenue of SR488mn amid the second quarter of this year, which shows an improvement over the SR409mn revenue in 2016.
Accordingly, the results showed considerable increase in all major banking activities, while assets increased to SR111.376mn as on June 30, 2017.
Furthermore, net income for the half-year reached SR910mn, compared to SR800mn for the same period of last year, a jump of 14 percent.
Additionally, customer deposits reached SR85.783mn as of June this year, compared to SR74.166mn as on the same period of 2016.
MENAFN1907201700450000ID1095637635
MENAFN1907201700450000ID1095637635
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