Thndr Claps » Saudi Claps » Earnings 📈 » Saudi National Bank profits increase in Q3 2022 🏦
The ClapSaudi National Bank (1180) saw its profits grow by 18.7% in Q3 2022.
The DeetsSNB, the largest Saudi bank in terms of assets, recorded a net profit of SAR 4.72 billion, compared to SAR 3.98 billion in Q3 2021.
Profit GrowthThe bank attributed the increase in profit to higher total operating income and lower total operating expenses.
What NowKSA is looking to increase SNB’s global presence through major acquisitions abroad, according to Bloomberg.
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