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Saudi banks witnessed improving profitability in Q1 2020 – A&M
Profitability at Saudi Arabia’s top banks improved during the first quarter of the year. However, the sector will face challenges due to COVID-19 headwinds, a recent report showed. Alvarez & Marsal’s (A&M) first edition of the KSA Banking Pulse stated that Saudi banks’ return on equity (RoE) rose to 12.5…
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