Aggregate profit of Saudi banks slides 21% in March
Last Updated Date (28/04/2020) Argaam Report
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Saudi-listed banks reported a 21% drop year-on-year (YoY) in aggregate net profit to SAR 3.98 billion in March 2020, data from the Saudi Arabian Monetary Authority (SAMA) showed.
The sector’s aggregate earnings edged down 2% YoY to SAR 13.
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