Saudi banks post mixed 3Q as provisions catch up with Al Rajhi, SNB, and others
Saudi banks leaned on financing spreads in 3Q — funding costs falling faster than asset yields at Al Rajhi and…
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Saudi banks leaned on financing spreads in 3Q — funding costs falling faster than asset yields at Al Rajhi and…
Plus: Alramz secures SAR 500 mn in financing from Al Rajhi
PLUS: Al Rajhi Bank raises USD 600 mn via Tier 2 social trust certificates
Leadership changes at the Capital Market Authority continue to draw attention
Al Rajhi and SNB outpaced estimates
SNB posted SAR 25 bn in net income last year, while Al Rajhi recorded SAR 24.8 bn
Riyad and Al Rajhi secured a total of USD 2 bn
stc launches a fresh USD 5 bn sukuk program
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