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Top 10 Saudi banks post 15.5% surge in 2021 net income
Profitability metrics of the top 10 banks in Saudi Arabia witnessed an improvement during 2021 with post Covid-19 economic recovery, with net income increasing by 15.5 percent YoY to SR48.8 billion ($12.8 billion), a report said. The aggregate loans and advances (L&A) grew 14.2 percent year-over-year (YoY) as all the…
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Click here to read the full story: GDN Online