Saudi banks’ aggregate profit up 16% to SAR 7.3B in May

Last Updated Date (01/07/2024) Argaam Report

Banks operating in Saudi Arabia reported a 16% increase in aggregate net profit before Zakat and tax to nearly SAR 7.33 billion in May, compared to SAR 6.33 billion a year earlier, monthly data issued by the Saudi Central Bank (SAMA) showed.

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