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SAIB Q1 profit up 68%
- Saudi Arabia: Thursday, April 14 - 2005 at 08:47
Saudi Investment Bank has returned a profit of $56m for Q1 2005, a rise of 68 per cent on the same months last year. Earnings per share rose to SR6.14 from SR3.65 and income from banking services increased 61% to $8.64m while customer deposits climbed 45.7% to $6.37m. The Riyadh-based bank is the Kingdom's eighth-largest listed bank in terms of market capitalization.
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James McInerney, News EditorThursday, April 14 - 2005 at 08:47 UAE local time (GMT+4)
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