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FINANCIAL NEWS
Saudi banks profits up 6 percent in Q1
17 Apr 2014
(MENAFN) Saudi banks registered 6 percent growth in profit in the first three months of the current year reaching USD2.826 billion compared to USD2.666 billion in the same quarter 2013, according to Arab News.
Al-Eqtisadiah Daily reported that listed banks saw 5 percent rise in profits reaching USD2.159 billion during the quarter compared to USD2.026 billion first quarter 2013.
In the first quarter 2014, profits of all banks increased 25 percent quarter-on-quarter compared to USD2.266 billion in the fourth quarter of 2013.
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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
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