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FINANCIAL NEWS
Saudi Samba’s net profit posts 7 percent growth in Q3
09 Oct 2015
(MENAFN) Saudi Samba Financial Group has registered a 7 percent increase in July-Sept period’s gross profit which has hit USD365.3 million.
The recorded profit is slight jump from last year’s USD341.1 million; moreover, many analysts had predicted a less USD333.1 million earnings’ amount.
Overall functional income for the quarter climbed 7.6 percent to USD530 million and profit from special commissions hiked 0.8 percent to USD314 million.
Furthermore, the financial firm’s loans portfolio stood at USD33.8 billion at the end of September, which is 5.8 percent more than 2014’s same period.
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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