Arab National Bank posts $179m Q1 net profit
Saudi Arabia: Tuesday, April 15 - 2008 at 08:00
Saudi Arabia's Arab National Bank has reported a net profit of $179m for the first quarter of this year, compared to $171m for the same period last year, an increase of 5%, reported Arab News. Total operating income increased by 5% in 2008 to reach $279m compared to $265m for the same period last year, while total operating expenses increased by 6% to reach $100m compared to $94m for the same period last year.
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Jeff Florian, Senior ReporterTuesday, April 15 - 2008 at 08:00 UAE local time (GMT+4)
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