| 29.12.2009 - Saudi banks profit down 12.6pct |
| From Tradearabia.com: Profits generated by Saudi commercial banks, including the 11 listed ones, fell 12.6 per cent in the October-November period, central bank data showed on Monday ahead of fourth quarter earnings announcements. Excluding branches abroad, Saudi banks made a profit of SR3.94 billion ($1.05 billion) during the period, according to the Saudi Arabian Monetary Agency's (Sama) website..........................................Full Article: Source |