Riyadh – Mubasher: Bank Albilad posted 0.23% growth in net profit for the first quarter of 2016, according to a bourse filing sent Wednesday.
The bank generated SAR 174.5 million ($46.53 million), up from SAR 174.1 million ($46.42 million) reported in the same period a year ago.
The Tadawul-listed lender ascribed the profit rise to a 12.9% increase in total operating income.
