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Samba posts 1.2% rise Q1 net income
- Saudi Arabia: Saturday, April 13 - 2013 at 01:19
Saudi-headquartered Samba Financial Group has said its net profit during the first quarter of this year rose 1.2% to SR1.16bn, compared with SR1.15bn for the same quarter last year, Arab News has reported. Total assets as at the end of the quarter climbed 3% to SR201bn against SR196bn for the same period last year. Loans and advances jumped 15% to SR107bn, compared with SR93bn for the same period a year earlier, Samba said.
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