Riyadh – Mubasher: Samba Financial Group gained SAR 4.2 billion in net earnings during 2020, up by 5.3% when compared to SAR 3.99 billion a year earlier.
The growing annual profits were helped by higher operating income by 9.6%, according to a bourse disclosure on Wednesday.
On the other hand, total operating expenses increased by 13.2%.
Net Income from Special Commissions/Financing and Investments fell by 11.1% annually last year to total SAR 5.67 billion, whereas the bank’s assets jumped by 14.4% yearly to SAR 296.9 billion.
