Business Services Industry
SAUDI ARABIA: SAUDI INVESTMENT BANK FINANCIAL OPERATIONS AT END OF THIRD QUARTER 2004.(Brief Article)
IPR Strategic Business Information Database, November, 2004
A-Sharq Al-Awsat newspaper quoted a notice published in mid-October 2004 by the Saudi Investments Bank announcing that net profits at the end of the third quarter 2004 came to SR 9.3 billion ($116 million), up 25% from SR 347 million ($92 million) at the end of the third quarter 2003. The value of Bank assets came to SR 25 billion ($6.88 billion), up 20.4% from third quarter 2003.
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