Big Saudi banks post upbeat second quarterly results
Four major Saudi banks reported upbeat quarterly results on Tuesday, topping or meeting estimates, boosted by rising loan demand.
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Four major Saudi banks reported upbeat quarterly results on Tuesday, topping or meeting estimates, boosted by rising loan demand.
July 11, 2012 11:30Saudi Arabia's Al Rajhi Bank posted a 13.6 percent rise in its second quarter net profit, helped by a 12.3 percent jump in operating income, it said in a statement posted on the bourse website on Tuesday.
July 11, 2012 10:40The board of Saudi Arabia's al Rajhi bank accepted the resignation of its chief executive, Abdullah al-Rajhi, replacing him with Suleiman al-Zain, according to a statement on the bourse website on Sunday.
March 5, 2012 1:34Three major Saudi banks beat analyst forecasts; Rising profits due to lower costs, increased income; Banque Saudi Fransi, SABB Bank miss forecasts
October 13, 2011 10:32