Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
31-01-23
Central bank data: Saudi banks’ revenues rise 21 percent by 2022’s end
(MENAFN) Deposits in Saudi banks surged by 9 percent on a yearly basis to reach SR2.29 trillion (USD609.97 billion) with the main share of deposited by administrations agencies, the month on month bulletin released by the Saudi Central Bank, also recognized as SAMA, indicated.
Data showed that deposits by administrations entities jumped by 27 percent, the peakiest in 16 years, amounting to SR651.2 billion (USD173.1 billion).
Saudi-listed banks recorded a 21 percent increase in aggregate net revenue before zakat as well as tax to SR6.16 billion (USD1.64 billion) in December last year, in comparison with SR5.11 billion (USD1.36 billion) a year before.
The figures covered the outcomes of Tadawul-registered banks and some foreign banks working in Saudi Arabia.
Banks’ total assets rose around 10 percent on a yearly basis to SR3.62 trillion (USD 964 billion) in the stated month.
Loans released to individuals in the nation witnessed a 14 percent increase throughout 2022 amounting to SR1.17 trillion (USD311 billion) by the end of last year in contrast with SR1.02 trillion (USD269 billion) by the close of 2021.
MENAFN31012023000045014228ID1105499659
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us