Financial Results
Islamic Finance
Uncategorized
Saudi Islamic bank giant losing ground as its profit slides
The world’s biggest Islamic bank is losing ground to peers in Saudi Arabia, its home market, as slowing credit growth and intensifying competition for retail customers weigh on earnings. Al Rajhi Bank said this week that first-quarter profit fell 17% from a year earlier, its third quarter of declining earnings….
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Click here to read the full story: Gulf Times