Arab Bank Reports 1.42B Riyal Q2 Profit
National Arab Bank recorded a net profit of 1.42 billion riyals in the second quarter of 2026, marking a 6.51% increase compared to the previous year. Additionally, profits for the first half of the year rose to 2.78 billion riyals, up by 5.4%. The profit increase is attributed to higher net gains from financial instruments and investments, along with a decrease in credit loss provisions, despite rising costs related to employees and administrative expenses. The results highlight growth in the loan and credit portfolio by 10.35% and an increase in investments by 17.74%.
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