VOL. XXXIX
No. 3
16-October-1995
SAUDI ARABIA
Third Quarter Results Point To A Good Banking 1995 For Saudi Banking Sector
Saudi banks have reported another set of robust results for the first nine months of the year - eight have announced profits improved on the same period last year and only two have reported a fall in profitability. The 10 banks which have reported thus far made total profits of SR3.7bn, a 12% increase on the SR3.3bn made in the first three quarters of 1994....
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