Saudi banks’ aggregate profit falls 4% to SAR 4.32 bln in July

Last Updated Date (30/08/2020) Argaam Report

Saudi-listed banks reported a 4% decline year-on-year (YoY) in aggregate net profit before Zakat and tax to SAR 4.32 billion in July 2020, data from the Saudi Arabian Monetary Authority (SAMA) showed.
 

The sector’s aggregate earnings fell

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