Article: Saad, Algosaibi may owe up to $7b to Saudi banks: HSBC.

Article: Profitability prospects bright for Saudi banks.
Arab News (Jeddah, Saudi Arabia);  June 18, 2009 ;     700+ words ... ... Despite the global financial crisis, Saudi banks offer the best sustained profitability ... internal market with growth potential. Saudi banks are also well positioned to increase ... rates from historical lows providing Saudi banks with significant room to expand margins ...

Article: Saudi banks may post lower profit on tight lending.
Saudi Economic Survey;  July 16, 2009 ;     700+ words ... ... loans. Net income at the 10 biggest Saudi banks probably dropped by an average of 19 ... tracks declined an average of 11%. Saudi banks have been hurt by falling oil prices ... corporate borrowers and in some cases Saudi banks have taken a more cautious attitude ...

Article: Saudi banks underperform Gulf rivals: latest ...
MEED Middle East Economic Digest;  April 25, 2008 ;     700+ words ... ... the average increase in profits for Saudi banks in the first three months of 2008 was ... in 2007. The figures indicate that Saudi banks are still struggling to make up for ... been the case. "I was surprised that Saudi banks are still recording declines, or small ...

Article: Deposits in Saudi banks grow to SR 916 billion.
Saudi Economic Survey;  August 13, 2009 ;     700+ words ... ... Agency (SAMA). Total deposits with Saudi banks grew to SR 916 billion at the end of ... which provide a low cost of funding for Saudi banks, and is one of the key reasons behind ... opposed to 21% from government entities. Saudi banks posted solid financial results throughout ...

Article: Saudi banks report strong net profits in Q1
Xinhua News Agency;  June 11, 2004 ;     493 words ...Saudi banks report strong net profits in Q1 ABU ... economic upswing boost the net profits of Saudi banks by more than 26 percent in the first ... soaring local equity market, positions Saudi banks for another record year in 2004. The ...

Article: Saudi banks buck international trend: Stephen ...
The Banker;  April 1, 2002 ;     700+ words ... ... retail banking is the largest profit centre for Saudi banks by far. "For Saudi banks [excluding NCB and Al-Rajhi], total assets ... SR65bn in assets until the end of January 2002. Saudi banks continue to attract an increasing volume of ...

Article: HSBC raises earnings outlook for Saudi banks.
TradeArabia (Manama, Bahrain);  September 29, 2009 ;     700+ words ... ... and 2010 earnings estimates for four Saudi banks, and said the first sign of the restructuring ... now sees potential loss ratios from Saudi banks' exposure to Ahmad Algosaibi and Brothers ... debt restructuring slowly improving, Saudi banks' valuations will re-rate from their ...