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Saudi banks’ June profits hit record $2.63bn amid loan growth, digital boom

Saudi Arabia’s banking sector maintained its momentum in June, as aggregate profits before zakat and taxes climbed to SR 9.9 billion ($2.63  billion) — the highest monthly result on record. Data from the Saudi Central Bank, known as SAMA, shows that profits were approximately 28 percent higher than the same month last…

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Click here to read the full story: Arab News

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