The profits of the Saudi Arabian Bank rise by 5.5% with the support of commissions
The Arab National Bank of Saudi Arabia achieved its growth in its profits during the first quarter of 2025 by 5.5% to 1.3 billion Riyals. In a statement placed on the Saudi Stock Exchange website, the bank attributed the growth of profits to separate factors, including the net profits of financial instruments listed on the fair value in the Income List, in addition to the increase in net fees and commissions, net private income, net profit transfer, Trading income. On the other hand, credit losses rose 26.5% year -on -year to 205 million Riyals, and total operating expenses increased by 9.7%. At the budget level, the results of the bank showed growth in the most important financial provisions of the center, including: assets, loan and predecessors and investments, in addition to customer deposits.