Financial Results
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Saudi British Bank's Q4 net profit drops 26%
Saudi British Bank's (SABB) net profit slumped 26 percent to 595 million riyals ($159 million) for the fourth quarter of 2021 compared to 801 million riyals for the same period last year as provisions for expected credit losses (ECL) mounted. This compares with a net profit of 1.03 billion riyals…
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