| 13.01.2011 - Saudi banks sound bright note in Q4 |
| From Arabianbusiness.com: Three Saudi lenders including Banque Saudi Fransi posted fourth-quarter earnings above forecasts, kicking off the sector's earnings season on a bright note after uncertainty over provisions. Provisions for bad loans to cover a fallout from family firms hit the profits of lenders in the top oil exporter and biggest Arab economy in previous quarters..............................................Full Article: Source |