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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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