VOL. XXXVIII
NO. 43
24-JULY-1995
FINANCIAL ANDBANKING NEWS
Regional Banking
Saudi Banks' Half-Year Results Show Slight Improvement But Margins Tighten
The Saudi banking sector has produced improved profits in the first half of1995: the unaudited results show total profits of some SR2.4bn ($640mn), a riseof 5% when compared to SR2.3bn ($613mn) in the same period last year. Withinthat total however, the commercial banks (that is excluding the Islamicinstitution al-Rajhi) show only a very slight...
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