Saudi-listed banks saw a 0.3 percent fall in provisions to SAR 3.149 billion in the first half of 2015, compared to the same period in 2014, according to data compiled by Argaam.
Out of the six banks that had higher provisions, National Commercial Bank (NCB) and Alinma Bank saw allocations skyrocket by 337 percent and 265 percent respectively.
Meanwhile, Saudi Fransi Bank’s provisions declined 63 percent, while Saudi Investment Bank fell 57 percent.
|
Comparison (SAR mln) |
|||
|
Difference |
H1-2015 |
H1-2014 |
Bank |
|
(5%) |
443.1 |
466.7 |
RIBL |
|
+337% |
497.2 |
113.9 |
NCB |
|
(33%) |
105.1 |
156.6 |
BJAZ |
|
(57%) |
69.0 |
162.0 |
Saudi Investment |
|
+15% |
194.2 |
168.9 |
Saudi Hollandi |
|
(63%) |
80.2 |
213.9 |
BSFR |
|
+14% |
228.6 |
199.9 |
SABB |
|
+28% |
272.8 |
212.7 |
ANB |
|
(26%) |
76.1 |
102.2 |
SAMBA |
|
(23%) |
989.2 |
1,292.1 |
Al Rajhi |
|
+55% |
45.2 |
29.1 |
AL Bilad |
|
+265% |
148.3 |
40.6 |
Alinma |
|
(0.3%) |
3,149.0 |
3,158.5 |
Total |
Seven out of the 12 banks studied— including Riyadh, Investment, Al-Jazira, Al-Bilad, NCB, Fransi and Alinma Bank— increased their provisions in the second quarter compared to the first quarter.
|
Provisions (SAR mln) |
||
|
Q2-2015 |
Q1-2015 |
Bank |
|
315.3 |
127.8 |
RIBL |
|
278.9 |
218.3 |
NCB |
|
68.4 |
36.7 |
BJAZ |
|
46.0 |
23.0 |
Saudi Investment |
|
92.9 |
101.3 |
Saudi Hollandi |
|
43.0 |
37.2 |
BSFR |
|
113.0 |
115.6 |
SABB |
|
135.7 |
137.1 |
ANB |
|
27.1 |
49.0 |
SAMBA |
|
467.4 |
521.8 |
Al Rajhi |
|
29.1 |
16.1 |
AL Bilad |
|
78.1 |
70.1 |
Alinma |
|
1,695.0 |
1,454.0 |
Total |
|
Credit Provisions |
||||
|
Difference |
Volume (SAR mln) |
Period |
||
|
2011 |
||||
|
(44%) |
1,217.8 |
Q1 |
||
|
(47%) |
1,255.9 |
Q2 |
||
|
(50%) |
1,532.6 |
Q3 |
||
|
(5%) |
1,793.7 |
Q4 |
||
|
2012 |
||||
|
+34% |
1,630.6 |
Q1 |
||
|
+42% |
1,783.8 |
Q2 |
||
|
+64% |
2,522.3 |
Q3 |
||
|
(3%) |
1,742.6 |
Q4 |
||
|
2013 |
||||
|
(4%) |
1,559.0 |
Q1 |
||
|
(30%) |
1,255.2 |
Q2 |
||
|
(30%) |
1,769.9 |
Q3 |
||
|
+38% |
2,409.7 |
Q4 |
||
|
2014 |
||||
|
+18% |
1,832.0 |
Q1 |
||
|
+6% |
1,326.5 |
Q2 |
||
|
+9% |
1,931.1 |
Q3 |
||
|
(30%) |
1,686.2 |
Q4 |
||
|
2015 |
||||
|
(21%) |
1,454.0 |
Q1 |
||
|
+28% |
1,695.0 |
Q2 |
||
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}