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The Saudi British Bank earns 11% more in Q1
- Saudi Arabia: Tuesday, April 09 - 2013 at 17:47
The Saudi equity market index Tasi gained 0.42% to reach 7,190.31 points Tuesday. Shares of The Saudi British Bank (SABB) gained 1.50%, finishing at SR34.10. SABB said the net income during the first quarter amounted to SR948m against SR 854m for the corresponding quarter of the previous year with an increase of 11.0%, and against the net income of SR815m during the previous quarter with an increase of 16.2%. SABB added that the increase happened due to an increase in operating income.
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Gérard Al-Fil, Financial JournalistTuesday, April 09 - 2013 at 17:47 UAE local time (GMT+4)
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