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 The Saudi British Bank 2012 First Half Results- The Saudi British Bank 2012 First Half Results
- July 14, 2012
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The following news release was issued on 10 July 2012 by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
Net profit of SAR1,769m (US$472m) for the six months ended 30 June 2012 – an increase of SAR166m (US$44m), or 10.4%, compared with SAR1,603m (US$427m) for the same period in 2011.
Operating income of SAR2,613m (US$697m) for the six months ended 30 June 2012 – an increase of SAR45m (US$12m), or 1.8%, compared with SAR2,567m (US$685m) for the same period in 2011.
Customer deposits of SAR117.6bn (US$31.4bn) at 30 June 2012 – an increase of SAR18.4bn (US$4.9bn), or 18.6%, compared with SAR99.2...
- View more at: http://www.1888pressrelease.com/the-saudi-british-bank-2012-first-half-results-pr-409847.html
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