Analysis: Saudi banks post better-than-expected Q3 results
Robust mortgage lending, easier cost of funds and lower than expected provisioning helped
ZAWYA - 23-Nov-2020Robust mortgage lending, easier cost of funds and lower than expected provisioning helped
ZAWYA - 23-Nov-2020The financing was provided by National Commercial Bank, Bank Albilad, Al Rajhi Bank, Riyad Bank, Samba Financial Group, Banque Saudi Fransi and Saudi British Bank
Reuters News - 27-Aug-2020The facility will finance the company's working capital requirements
ZAWYA - 19-Aug-2020Saudi Aramco dropped 0.8% to 32.8 riyals
Reuters News - 26-Jul-2020The company said in a statement that the financing period will be 14 years
ZAWYA - 26-Jul-2020The topic was discussed at a webinar hosted by Forbes Middle East in partnership with Oracle
ZAWYA - 23-Jul-2020The repurchase will be funded from internal resources
Mubasher - 13-May-2020Dividends will be distributed at SAR 0.0674 per unit
Mubasher - 04-May-2020Saudi Arabia's benchmark index retreated 0.2%
Reuters News - 27-Apr-2020The Saudi index fell 0.4% with oil giant Saudi Aramco losing 0.7%
Reuters News - 27-Apr-2020Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Stocks | Last Price | % Change |
---|---|---|
NATIONAL COM BNK | 44.550 SAR | -1.66 |
ASSIR TRADING | 16.100 SAR | 2.03 |
AL JAZIRA BANK | 13.560 SAR | -0.29 |
SAUDI INV BANK | 15.940 SAR | -0.25 |
ARAB BANK | 20.400 SAR | -0.20 |
SAMBA FIN GROUP | 31.500 SAR | -1.25 |
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