Financial Results
Investment Banking
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Lower expenses push SAIB’s net profit to $283m during 2021
Profits of the Saudi Investment Bank, also known as SAIB, have jumped to SR1.06 billion ($283 million) during 2021, bolstered by a fall in expenses. This represents an 8.38 percent profit leap from SR979 million a year ago, according to a bourse filing. The hike in profits was mainly attributed…
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Click here to read the full story: Arab News