Saudi banks NPLs rise 19% in Q1

Last Updated Date (22/05/2018) Argaam Report

Saudi Arabian banks’ non-performing loans (NPLs) increased by 19 percent year-on-year (YoY) to SAR 21.7 billion in Q1 2018, according to data compiled by Argaam.

 

Loan coverage ratio dropped 23 percent YoY to 200 percent.

 

Total bank credit

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