Samba reports 7% growth in Q2 profit | Samba reports 7% growth in Q2 profit -

Samba reports 7% growth in Q2 profit

: Wednesday, July 16 - 2014 @ 00:17

Samba Financial Group, Saudi Arabia’s third-largest bank by assets, has reported a 7% increase in its second-quarter net profit, Reuters has reported. The bank said it made SR1.26bn ($336m) in the three months ending June 30, compared with SR1.18bn in the same period a year earlier. The bank attributed the growth to higher operating income, which rose 5% year-on-year to SR1.84bn, without elaborating.

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Wednesday, July 16- 2014 @ 0:17 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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