Riyad Bank - (1010)

10.74 -0.02(-0.19%) Last Update 20/07/2017 17:12 KSA

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News

Saudi's Riyad Bank Q2 net profit down 26% on bad debt charges
(Reuters - 19/07/2017)

Riyad Bank , Saudi Arabia's fourth-largest lender by assets, posted a 26 percent decline in second-quarter net profit on Wednesday, missing analysts' forecasts, as the bank booked higher impairment charges. The bank made 848 million riyals ($226.13 ...

Saudi's Riyad Bank reports 10.8 pct profit fall but beats forecasts
(Reuters - 17/04/2017)

Riyad Bank reported a 10.8 percent fall in first-quarter net profit on higher impairment charges but Saudi Arabia's fourth-largest lender by assets still beat analysts' forecasts. Net profit fell to 1.05 billion riyals ($280 million) in the three months ...

Riyad Bank established "Riyad Financial Markets Ltd
(Tadawul - 14/02/2017)

Riyad Bank announces the completion of the establishment of a special purpose company under the name of (Riyad Financial Markets Ltd.), after obtaining the No Objection from Saudi Arabian Monetary Agency on 10.08.1437 H. It is a limited liability ...

Corporate Announcements

Net profit announced for the 1st Half of the year 2017, SAR 1.90 billion, a decrease of 18%. - 19/07/2017
Cash dividend announced for the 1st half of the year 2017, SR 0.35 per share. - 21/06/2017
Net profit announced for the 1st Quarter of the year 2017, SAR 1.05 billion, a decrease of 11%. - 16/04/2017
Net profit announced for the year 2016, SAR 3.34 billion, a decrease of 17%. - 16/01/2017
Cash dividend announced for the 2nd half of the year 2016, SR 0.30 per share. - 04/01/2017

Commercial Bank - News

SABB board recommends cash dividends for H1 2017
(Tadawul - 20/07/2017)

The Saudi British Bank (SABB) announces that the Board of Directors has passed a resolution on Wednesday 19 July 2017 recommending the distribution of interim cash dividends to shareholders for the first half of 2017 as follows: 1. Total distribution ...

Doha Bank counts on core earnings to post QR716mn profit in H1
(Gulf Times - 20/07/2017)

Doha Bank has reported 1% year-on-year growth in net profit to QR716mn in the first six months of this year, mainly helped by the strength of its core earnings. “This is another outstanding result and is clear demonstration that Doha Bank continues to ...

CBI’s first-half 2017 net profit drops 24 per cent to Dh52 million
(Gulfnews - 20/07/2017)

Commercial Bank International (CBI) has posted a net profit of Dh52 million for the first half of 2017, down 24 per cent compared to the same period last year. For the second quarter of the year, the bank’s net profit was flat year-on-year, but on ...

Gulf Bank records 10 percent rise in net profit for H1 2017
(Arab Times - 20/07/2017)

Gulf Bank KSCP announced on Tuesday its financial results for the first half of 2017. The Bank recorded a net profit of KD 22.8 million in the first 6 months of 2017, an increase of 10% over the same period of 2016. The Bank was able to generate a net ...

Dubai lender Emirates NBD reports 5.8% rise in second-quarter profit
(Arab News - 20/07/2017)

Emirates NBD, Dubai’s largest lender by assets, on Wednesday reported its second-quarter profit rose 5.8 percent to Dh2.02 billion (SR2.06 billion) versus Dh1.9 billion in the same period of last year. Net interest income rose 3.4 percent to Dh2.2 ...

Net Profit of BD 31.74 million (US$ 84.41 million) for the H1 2017
(Press Release - 19/07/2017)

The Bank recorded a Net Profit of BD 31.74 million (US$ 84.41 million) for the six months ended 30 June 2017 compared to BD 31.72 million (US$ 84.36 million) for the corresponding period of 2016. During the 1st half of 2017, the Bank achieved an ...

Emirates Islamic posts Dh387m first-half net profits
(Gulf News - 19/07/2017)

Emirates Islamic, an Islamic bank belonging to Emirates NBD Group, has posted a net profit of Dh387 million for the first half of 2017 compared to Dh137 million reported in the same period last year. Total income (net of customers’ share of profit) was ...

Dubai Islamic Bank Q2 profit up almost 14%
(Gulf Business - 19/07/2017)

Dubai Islamic Bank (DIB), the United Arab Emirates’ largest sharia-compliant lender, posted an almost 14 per cent increase in second-quarter net profit, above analysts forecasts, on the back of strong income from Islamic financing. The bank made ...

Dubai's Emirates NBD Q2 profit up 6 pct, meets forecasts
(Reuters - 19/07/2017)

Emirates NBD (ENBD), Dubai's largest lender, posted a 6 percent rise in second-quarter net profit on Wednesday, in line with analysts' forecasts. The bank, the first major lender from the United Arab Emirates to report its earnings during the quarter, ...

Saudi's Riyad Bank Q2 net profit down 26% on bad debt charges
(Reuters - 19/07/2017)

Riyad Bank , Saudi Arabia's fourth-largest lender by assets, posted a 26 percent decline in second-quarter net profit on Wednesday, missing analysts' forecasts, as the bank booked higher impairment charges. The bank made 848 million riyals ($226.13 ...

 
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