Credit provisions of Saudi banks jump 27% in Q1

Last Updated Date (28/05/2017) Argaam Report

Saudi-listed banks saw a 27 percent increase in total credit provisions to SAR 2.1 billion in Q1 2017, compared to SAR 1.7 billion in Q1 2016, data compiled by Argaam showed.

 

Eight out of the 12 banks recorded higher credit provisions during

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