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ANB reports 10.3% increase in Q3 net income
- Saudi Arabia: Thursday, October 11 - 2012 at 01:35
Saudi Arabia's Arab National Bank has posted a 10.3% rise in its third-quarter net profit to SR572.7m ($152.71m), compared with SR519.2m in the prior-year period, due to higher total operating income, Reuters has reported. Total operating income in the quarter rose 3.6% to SR1.19bn, while income from special commissions grew by 8.1% to SR846m, the lender said.
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