Riyad Bank Qtrly Profit Rises

Apr 28, 202412:50 UTC

RIYAD BANK 1010:

QTRLY NET PROFIT 2.07 BILLION RIYALS VERSUS 2.02 BILLION RIYALS YEAR AGO
QUARTER SAW INCREASE IN INTEREST INCOME FROM LOANS AND ADVANCES AND INVESTMENTS
QTRLY TOTAL INCOME FROM SPECIAL COMMISSION OF FINANCING 5.06 BILLION RIYALS VERSUS 4.09 BILLION RIYALS YEAR AGO
QUARTER SAW INCREASE IN TOTAL OPERATING INCOME
QUARTER SAW DECREASE IN TOTAL OPERATING EXPENSES
QUARTER SAW INCREASE IN FEE AND COMMISSION INCOME NET
QUARTER SAW INCREASE IN GAINS ON DISPOSAL OF NON-TRADING INVESTMENTS
AS OF END-MARCH, LOAN AND ADVANCES AT 282.85 BILLION RIYALS, UP 12.3% Y/Y
AS OF END-MARCH, CLIENTS' DEPOSITS AT 270.95 BILLION RIYALS, UP 5.3% Y/Y