Banks operating in Saudi Arabia reported a 9% rise in aggregate net profit before Zakat and tax to nearly SAR 7.61 billion in June, compared to SAR 6.98 billion a year earlier, monthly data issued by the Saudi Central Bank (SAMA) showed.
The data covers the results of Tadawul-listed banks and some foreign banks operating in Saudi Arabia.
Banks’ aggregate assets rose by 10% year-on-year (YoY) to almost SAR 4.21 trillion in June.
Deposits grew by 9% YoY to reach SAR 2.66 trillion in the same month.
June’s loans to the private sector grew by nearly 11% YoY to SAR 2.69 trillion.
Total Assets, Deposits, Credits of Banks (Billion)
Bank Stats Reports
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