Banks report healthy growth in 2Q -Alvarez & Marsal
The growth was driven by higher non-interest income and a more measured pace of lending and deposit expansion
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The growth was driven by higher non-interest income and a more measured pace of lending and deposit expansion
Al Rajhi Bank’s earnings are expected to rise 12.9% y-o-y
The issuance is part of the bank’s USD 25 bn Trust Certificate Issuance Program
Alvarez & Marsal estimates USD 140 bn in freed-up capital and a 35% boost to bank earnings
Sama’s net foreign assets ended August with a surplus of SAR 1.47 tn by the end of the month
PLUS: Pakistan eyes Saudi-backed port and shipping push
Banks’ bottomline growth was 3% higher than expectations
The approval allows the bank to provide its full range of services, transitioning from the pilot phase it had been…
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