Big banks edge higher + Nadec squeezed by feed, shipping costs
Loan books grew and investment income climbed, but funding costs kept bank earnings contained
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Loan books grew and investment income climbed, but funding costs kept bank earnings contained
Al Rajhi and SNB outpaced estimates
ANB growth supported by fees and investments while Nadec’s bottom line slipped on a non-recurring gain
Biban Forum sets stage for over SAR 20 bn in SME financing commitments
The growth was driven by higher non-interest income and a more measured pace of lending and deposit expansion
Al Majed Oud, Al Fakhera Men’s Tailoring secure Shariah-compliant credit facilities
Settlement is slated for Tuesday, 9 September
Sab completes a T2 green issuance, while Alinma seals a sustainable AT1
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