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Arab National Bank Third-Quarter Profit Rises 1.6% to SR1.35 Billion as Provisions Climb

Arab National Bank's third-quarter net profit rose 1.6% to SR1.35 billion, as higher commission income outweighed a jump in credit loss provisions.
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Alinma Bank Third-Quarter Profit Holds at SR1.59 Billion as Higher Provisions Offset Financing Growth

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Saudi Awwal Bank Third-Quarter Profit Edges Up 1% to SR2.17 Billion Despite Jump in Credit Provisions

Saudi Awwal Bank, known as SAB, said third-quarter net profit rose 1% to SR2.17 billion as operating income grew and its income tax charge fell, while provisions for expected credit losses rose to SR362 million.
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Riyad Bank Third-Quarter Profit Rises 6.6% to SR2.87 Billion as Operating Income Grows

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Arab National Bank Third-Quarter Profit Rises 1.6% to SR1.35 Billion as Provisions Climb

Arab National Bank's third-quarter net profit rose 1.6% to SR1.35 billion, as higher commission income outweighed a jump in credit loss provisions.

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Arab National Bank Third-Quarter Profit Rises 1.6% to SR1.35 Billion as Provisions Climb

Arab National Bank's third-quarter net profit rose 1.6% to SR1.35 billion, as higher commission income outweighed a jump in credit loss provisions.

Alinma Bank Third-Quarter Profit Holds at SR1.59 Billion as Higher Provisions Offset Financing Growth

Alinma Bank's third-quarter net profit slipped 0.2% to SR1.59 billion, while nine-month profit rose 4% to SR4.86 billion as its financing portfolio grew 12%.

Saudi Awwal Bank Third-Quarter Profit Edges Up 1% to SR2.17 Billion Despite Jump in Credit Provisions

Saudi Awwal Bank, known as SAB, said third-quarter net profit rose 1% to SR2.17 billion as operating income grew and its income tax charge fell, while provisions for expected credit losses rose to SR362 million.

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Saudi Arabia’s Al Rajhi Bank Contributes 5.90 Million Riyals for Charity

Al Rajhi Bank has contributed a substantial 5.90 million riyals to this year's National Campaign for Charity Work. This was carried out as part...

Saudi Arabia Approves Over SR3bn Ramadan Aid to Beneficiaries

Saudi Arabia has approved a major initiative to support social security beneficiaries during Ramadan. The leadership of King Salman and Crown Prince Mohammed bin...

Saudi Real Estate Sector Booms Due to Population Growth, Tourism, and Reforms

Saudi Arabia’s real estate market is experiencing significant growth, driven by factors such as a rising population, increasing tourism, and favorable government reforms. These...

Saudi Arabia Confirms Four-Day Eid Al Fitr Holiday for Private Sector Employees

Saudi Arabia has officially announced a four-day break for private and non-profit sector employees in celebration of Eid Al Fitr. This decision allows workers...

Saudi Arabia’s Ramadan Hours Boost Business and Community Life

Ramadan hours bring big changes to Saudi Arabia’s daily routine. As fasting continues from sunrise to sunset, life shifts to the night. Businesses extend...
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