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ReutersReuters

Saudi Awwal Bank Qtrly Profit Rises

1060

SAUDI AWWAL BANK 1060:

  • QTRLY NET PROFIT 2,043 MILLION RIYALS VERSUS 1,765 MILLION RIYALS YEAR AGO

  • QTRLY TOTAL INCOME FROM SPECIAL COMMISSION OF FINANCING 3,733 MILLION RIYALS VERSUS 2,799 MILLION RIYALS YEAR AGO

  • PROVISION FOR EXPECTED CREDIT LOSSES DECREASED BY 65% IN Q1

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