Samba Produces Modest Increase In Profits
Riyadh-based Saudi American Bank (Samba), the top performer in the Saudi banking sector, has announced a modest 6% increase in profits in 1995 to SR1,071.7mn ($285.8mn) and a higher dividend at SR628mn ($167.5mn). The increase is attributable in the main to improved net special commission (interest) income, which rose to SR275mn ($73.3mn), while other income streams, such as income from investment...
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