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Al-Ahli’s Q2 profit rises to 6.61B riyals
The Saudi financial institution "Al Ahli" achieved a net profit of 6.61 billion riyals in the second quarter of 2026, representing a 7.64% increase compared to the same period last year. Profits for the first half of the year rose to 13.03 billion riyals, a growth rate of 7.16%. This was supported by an 11.3% increase in operating income, reaching 10.6 billion riyals, along with higher investment earnings and improved financing revenues, despite a 251.8% increase in credit loss provisions. Additionally, the bank’s total assets grew by 3.64% annually, reaching 1.245 trillion riyals, with customer deposits increasing by 6%.
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