Riyadh – Mubasher: Al Rajhi Bank said Thursday its net profits rose by 28.2% to SAR 1.94 billion in the fourth quarter of 2015, up from SAR 1.52 billion reported in the same period a year earlier.
Net profits for the twelve-month period amounted to SAR 7.13 billion, a rise of 4.3% year-on-year from SAR 6.83 billion.
The rise in the fourth-quarter’s net income was attributed to an increase in total operating income by 16.5%.
