Saudi banks’ NPLs up 1.3% in H1 2023; coverage ratio at 124%

Argaam Report
Last Updated Date (10/08/2023)

The consolidated credit portfolio of Saudi banks grew by nearly 10% to SAR 2.40 trillion by the end of Q2 2023, from SAR 2.17 trillion in the year-earlier period, according to data compiled by Argaam.

 

Non-performing loans (NPLs) coverage r

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