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On a quarterly basis, the net profits were 8% higher than SAR 416.1 million in Q2-21, according to the financial results on Wednesday.
During the first nine months of 2021, the Saudi lender registered net profits of SAR 1.25 billion, increasing by 29.6% from SAR 970.7 million in the January-September 2020 period.
Earnings per share stood at SAR 1.69 in the nine-month period in 2021, compared to SAR 1.3 in the prior-year period.
Bank Albilad’s assets have surged by 20.9% to SAR 111.6 billion at the end of September this year from SAR 92.3 billion in the same period in 2020.
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