Consolidated profits of banks operating in Saudi Arabia rose three percent year-on-year (y-o-y) to SAR 3.19 billion in February from SAR 3.11 billion, according to a monthly bulletin issued by the kingdom’s central bank.
Banks posted a four percent growth to SAR 7.1 billion in 2014, compared to almost SAR 6.8 billion a year earlier.
The consolidated earnings include the financials of 12 Tadawul-listed banks and 11 branches of international banks.
|
Consolidated Profit (SAR bln) |
|||
|
Change |
2015 |
2014 |
Period |
|
+6% |
3.91 |
3.69 |
Jan |
|
+3% |
3.19 |
3.11 |
Feb |
|
-- |
-- |
3.49 |
March |
|
-- |
-- |
4.33 |
April |
|
-- |
-- |
3.57 |
May |
|
-- |
-- |
2.83 |
June |
|
-- |
-- |
3.41 |
July |
|
-- |
-- |
3.80 |
Aug |
|
-- |
-- |
2.51 |
Sep |
|
-- |
-- |
3.30 |
Oct |
|
-- |
-- |
3.18 |
Nov |
|
-- |
-- |
2.95 |
Dec |
Consolidated assets grew 11 percent y-o-y to SAR 2,169 billion for the same period.
|
Consolidated Assets (SAR bln) |
|||
|
Change |
2015 |
2014 |
Period |
|
+9% |
2,117 |
1,937 |
Jan |
|
+11% |
2,169 |
1,953 |
Feb |
|
-- |
-- |
1,991 |
March |
|
-- |
-- |
2,012 |
April |
|
-- |
-- |
2,032 |
May |
|
-- |
-- |
2,032 |
June |
|
-- |
-- |
2,051 |
July |
|
-- |
-- |
2,069 |
Aug |
|
-- |
-- |
2,068 |
Sep |
|
-- |
-- |
2,114 |
Oct |
|
-- |
-- |
2,092 |
Nov |
|
-- |
-- |
2,133 |
Dec |
Deposits also grew 11 percent y-o-y to SAR 1,599 billion for February.
|
Consolidated Deposits (SAR bln) |
|||
|
Change |
2015 |
2014 |
Period |
|
+8% |
1,544 |
1,434 |
Jan |
|
+11% |
1,599 |
1,438 |
Feb |
|
-- |
-- |
1,474 |
March |
|
-- |
-- |
1,492 |
April |
|
-- |
-- |
1,495 |
May |
|
-- |
-- |
1,495 |
June |
|
-- |
-- |
1,521 |
July |
|
-- |
-- |
1,524 |
Aug |
|
-- |
-- |
1,526 |
Sep |
|
-- |
-- |
1,550 |
Oct |
|
-- |
-- |
1,542 |
Nov |
|
-- |
1,576 |
Dec |
|
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