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FINANCIAL NEWS
Saudi banks’ profits grow by 7 percent in 2013
21 Jan 2014
(MENAFN) The Saudi commercial banks saw a significant growth in profits in 2013 totaling at USD10 billion compared to USD9.35 billion in 2012, according to Arab News.
The banks’ profits rose by 7 percent in 2013, registering its highest level ever.
Net profits in the fourth quarter of 2013 boosted by 5 percent, reaching USD2.260 billion compared to USD2.15 billion during the same quarter in 2012.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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