Saudi’s Samba Q4 profit steadies at SAR1.2bn

Riyadh – Mubasher: Samba Financial Group announced Thursday that its net profits for the fourth quarter of 2015 rose slightly by 0.06% to SAR 1.232 billion, from SAR 1.231 billion.

Net profit for the full year amounted to SAR 5.2 billion, up 4% from SAR 5 billion a year earlier.

The Tadawul-listed bank said the profit rise in the fourth quarter was boosted by stronger revenues.

Mubasher Contribution Time: 21-Jan-2016 13:16 (GMT)