Saudi banks’ 2021 aggregate profit rises 60% to SAR 48.73 bln; Q4 earnings up 39% to SAR 12.42 bln

Last Updated Date (07/03/2022) Argaam Report

Saudi-listed banks reported a 60% rise year-on-year (YoY) in aggregate net profit to SAR 48.73 billion in 2021, according to data compiled by Argaam.

 

Most sectors attributed the profit growth to high net special commission income and low

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