Saudi banks’ NPLs down 10% to SAR 37.7B in Q4 2023; coverage ratio at 128%

The consolidated credit portfolio of Saudi banks grew by nearly 10% to SAR 2.50 trillion by the end of Q4 2023, from SAR 2.27 trillion in the year-earlier period, according to data compiled by Argaam.

Non-performing loans (NPLs) coverage r

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Saudi banks’ NPLs down 10% to SAR 37.7B in Q4 2023; coverage ratio at 128%

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