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SNB and Alrajhi profits increase as lending grows

By CityCalc Newsroom · Tue Apr 21 2026 · Source: AGBI

Two of Saudi Arabia’s largest listed banks reported higher profits in the first quarter of 2026, driven by increased lending despite the regional conflict. Saudi National Bank, the country’s largest by assets, said net profit grew 7 percent annually to SAR6.4 billion ($1.7 billi…

Two of Saudi Arabia’s largest listed banks reported higher profits in the first quarter of 2026, driven by increased lending despite the regional conflict. Saudi National Bank, the country’s largest by assets, said net profit grew 7 percent annually to SAR6.4 billion ($1.7 billi…

Curated by CityCalc from AGBI. Read the full article at the source.

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