Saudi banks’ aggregate profit up 14% to SAR 6.33 bln in May

Last Updated Date (30/06/2023) Argaam Report

Banks operating in Saudi Arabia reported a 14% rise in aggregate net profit before Zakat and tax to nearly SAR 6.33 billion in May, compared to SAR 5.54 billion a year earlier, monthly data issued by the Saudi Central Bank (SAMA) showed.

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