Saudi banks’ aggregate profit declines 7% to SAR 4.26 bln in August

Last Updated Date (28/09/2020) Argaam Report

Saudi-listed banks reported a 7% decrease year-on-year (YoY) in aggregate net profit before Zakat and tax to SAR 4.26 billion in August 2020, data from the Saudi Arabian Monetary Authority (SAMA) showed.
 

The sector’s aggregate earnings s

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