Thursday 11 July 2013

Saudi Gazette - SABB net profit jumps 10.4% to SR1.95bn in H1

"The Saudi British Bank (SABB) recorded a net profit of SR1.95 billion for the six months of 2013 ended June 30, an increase of SR183 million or 10.4 percent compared to SR1.77 billion for the same period in 2012.

SABB recorded a net profit of SR1.01 billion in the second quarter of this year, an increase of SR57 million or 6.0 percent as compared to the first quarter ended March 31, 2013, which amounted to SR948 million.

Operating income of SR2.94 billion for the six months, an increase of SR326 million or 12.5 percent, compared with SR2.61 billion for the same period in 2012."

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