Earnings Report /
Saudi Arabia

Al Rajhi Bank: Earnings call summary

  • Alrajhi reported a net income of SAR4.26bn in Q2 22, up 18.1% yoy (+3.0% qoq).

  • The bank recorded a strong growth of 33.2% yoy (+7.3% qoq) in the loan book to SAR520bn.

  • The bank’s NIMs stood at 3.76% in H1 22, a contraction of c68bps yoy compared to H1 21.

SNB Capital
7 August 2022
Published bySNB Capital


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