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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
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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