Aggregate net profit of Saudi banks rises 9% in 2017

Last Updated Date (05/03/2018) Argaam Report

Saudi banks reported a combined net profit of SAR 44.96 billion by the end of fiscal year 2017, up 9 percent year-on-year (YoY), data showed.

 

The sector’s combined profits for 2016 included non-recurring gains of SAR 410 million reported by

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