Financial Results
Retail Banking
Uncategorized
Alawwal Bank reports 66 per cent rise in impairment charges and expenses
The bank reported a loss for Q4 2016 of SAR 249.34 million. Earnings per share were SAR 0.93, down from SAR 1.77. Earnings per share has been recalculated for 2015 to reflect the bank's increase in share capital from 571,536,000 shares to 1,143,072,000 shares due to issuance of bonus shares….
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