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Islamic Finance Briefing - Categorized | Banking, Performance more

Top Saudi banks post upbeat Q2 results

Posted on 12 July 2012

Leading Saudi banks - Al Rajhi, SABB, Saudi Hollandi and Samba Financial Group - have reported upbeat quarterly results topping or meeting estimates, boosted by rising loan demand.
Al Rajhi, the country’s biggest Islamic lender, on Tuesday made a net profit of SR2.1 billion ($560 million) in the three months ending June 30, up by 13.6 per cent compared with the same period a year earlier………………………………………..Full Article: Source

 
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