Saudi banks post 24% rise in non-performing loans in Q2 2019

Last Updated Date (25/08/2019) Argaam Report

Banks in Saudi Arabia saw an increase of 24 percent year-on-year (YoY) in non-performing loans (NPLs) to SAR 24.99 billion in Q2 2019, according to data compiled by Argaam.

 

NPLs coverage ratio declined to 163 percent in Q2 2019 from 196 perc

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