Al Jazira, the smallest bank in Saudi Arabia, recorded profits of 57.4 million Saudi Riyals ($15.3 million) in 2001, reported Al-Hayat . This figure implies a 10 percent growth compared with the previous year of 2000. The bank’s total asset value declined from SR 5.2 billion to SR 5.1 billion during the same period. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
