Tuesday, 23 October 2018

CORRECTED-Saudi Arabia's National Commercial Bank Q3 profit rises | Reuters

CORRECTED-Saudi Arabia's National Commercial Bank Q3 profit rises | Reuters:

Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender by assets, reported a 15.4 percent rise in third-quarter net profit on Tuesday, helped in part by an increase in net special commission income and fees from banking services.

The bank made a net profit of 2.45 billion riyals ($653.05 million) in the three months to Sept. 30, up from 2.13 billion riyals in the same period of 2017, it said in a bourse statement.

SICO Bahrain forecast NCB would make a quarterly profit of 2.46 billion riyals.

No comments:

Post a Comment