The bank said in a statement published on the Souq website Stocks Saudi Arabia This increase is mainly due to “an increase in total operating income and a decrease in total operating expenses.”
And he said Riyad Bank Special commission income increased by 16.8% in the third quarter of this year, on an annual basis, mainly due to the increase in special commission income from loans, advances and investments.
The results showed net profits of 7.065 billion riyals in the first nine months of the current year, compared to 6.091 billion riyals a year ago, an increase of about 16 percent.