The Saudi Hollandi Bank posted 493.5 million Saudi Riyals ($131.6 million) in net profits in 2001 compared with SR 401.1 million ($107 million) in the previous year of 2000, reported Al-Hayat . These figures translate into a 23 percent climb. The bank’s customer deposits grew from SR 15.6 billion ($4.16 billion) to SR 17.5 billion ($4.66 billion) during the same period. — (menareport.com)
© 2002 Mena Report (www.menareport.com)