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Higher lending drove Saudi top banks' profitability in 2021: Report

Saudi Arabia’s top 10 banks witnessed an improvement in profitability and strong growth in loans and advances in the financial year 2021 compared to FY 2020, according to consulting firm Alvarez and Marsal’s latest Saudi Arabia Banking Pulse. One of the main drivers of profitability was net income, which increased…

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Click here to read the full story: Arab news

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