Saudi banks’ Q1 2024 aggregate profit rises 8% to SAR 18.6B

Last Updated Date (06/05/2024) Argaam Report

Saudi-listed banks reported nearly an 8% increase in aggregate net profit to SAR 18.6 billion in Q1 2024, compared to SAR 17.2 billion a year earlier, according to data compiled by Argaam.

 

The profit jump was primarily driven by a 25% year-o

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