Financial and Banking News
More Saudi Banks Report Higher Third Quarter Results
Following the publication of unaudited results for al-Bank al-Saudi al-Fransishowing a 26% increase in profitability so far this year (MEES 17 October), fourmore commercial banks in Saudi Arabia have announced third quarter results.Three of them - Saudi American Bank (Samba), Saudi Investment Bank (SAIB) andUnited Saudi Commercial Bank (USCB) - report a sharp increase...
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