Saudi National Bank

Saudi National Bank posts marginal rise in Q1 profit

SNB’s net result for the quarter was partially offset by higher operating expenses

The lender made a net profit of 20.01 billion riyals (S$7.17 billion) in 2023, up from 18.6 billion riyals in 2022.

Saudi National Bank reports more than 7% jump in 2023 net profit

Saudi National Bank (SNB), the kingdom’s largest bank by assets, posted a 7.7 per cent jump in full-year net profit on Monday (Feb 5), supported by higher operating income and lower impairment charges...