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Islamic Finance Briefing - Categorized | Banking, Performance more

Samba bank’s Q3 net down 8.8pct

Posted on 14 October 2010

From Tradearabia.com: Samba Financial Group, Saudi Arabia’s second-largest lender by market value, posted a 8.8 per cent drop in third-quarter net profit after a decline in lending income.
The bank made SR1.1 billion ($294.1 million) in the three months to end-September, compared with SR1.21 billion in the same period a year ago, the bank said in a statement……………………………………….Full Article: Source

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