Saudi National Bank posts 10% rise in net income for H1 2023
Saudi National Bank, the largest Saudi bank in terms of assets, achieved a 10% increase in its net income in the first half of 2023.
The lender's net profit climbed to 10.037 billion Saudi riyals, from 9.90 billion Saudi riyals achieved during the corresponding period last year.
The basic earnings per share for the current period amounted to 1.62 Saudi riyals per share, compared to 1.49 Saudi riyals per share in the same period of last year, according to a statement published on the Tadawul stock exchange.
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