Saudi Banks Earn USD11.7b Profits in 2017

  • 1/20/2018
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Saudi banks approach from achieving net profits of SAR44b (USD11.7b) during 2017. The first nine months of last year show that listed banks made a net profit of SAR34.3b (USD9.1b). Banks sector in Saudi Arabia is considered a pioneering sector that has witnessed growth in the first nine months profitability compared to year 2016, achieving a growth of 3.2 percent.

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