Sun, 2022-07-31 08:14
RIYADH: Saudi Arabia’s Al Rajhi Bank’s net profit hit SR8.4 billion ($2.2 billion) in the first half of 2022, bolstered by a 15 percent jump in operating income.
This represents a 21 percent surge from SR6.9 billion in the same period last year, according to a bourse filing.
The increase in operating income was fueled by higher financing and investment income, fees from banking services, and exchange income, the bank noted.
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