Financial Results
Retail Banking
Uncategorized
Saudi's Alawwal Bank reports 40 pct drop in quarterly profit
Alawwal Bank, Saudi Arabia's oldest bank, reported a 40 percent fall in second-quarter net profit on Thursday as impairment charges weighed on the lender. It was the worst performance so far for the quarter among major Saudi banks, which have reported mixed earnings. The lender, which is 40 percent owned…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: London South East