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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
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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