Saudi British Bank reveals net profit drop

13 October 2010

The Saudi British Bank (SABB) posted a net profit of SR1.487bn ($397m) for the nine months ended September 30, a fall of 25.9%, Trade Arabia has reported. Operating income fell to SR3.72bn ($993m) for the first nine months of the year, which represented a decrease of 6.3%, compared with SR3.97bn ($1.06bn) for the same period last year.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications