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Riyad Bank — Earnings Release 2012
Jan 14, 2013
53250_rns_2013-01-14_0f4ab0ab-d294-4399-930a-99bc50c5d56d.html
Earnings Release
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RIYAD BANK ANNOUNCED ITS ANNUAL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012
1010 · 14/01/2013 16:11:43 · Announcement #28231 · View on Saudi Exchange
RIYAD BANK ANNOUNCED ITS ANNUAL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012
Riyad Bank announced its annual consolidated financial results for the period ending 31/12/2012 as follows:
1.Net profits reached SAR 810 million against SAR 778 million for the same quarter of the previous year, an increase of 4.1%, and against SAR 840 million for the previous quarter, a decrease of 3.6%.
2.Total operating income for the fourth quarter of 2012 reached SAR 1,670 million against SAR 1,607 million for the same quarter of the previous year, an increase of 3.9%.
3.Net special commissions for the fourth quarter of 2012 reached SAR 1,101 million against SAR 1,083 million for the same quarter of previous year, an increase of 1.7%.
4.Net profits for the twelve months reached SAR 3,466 million against SAR 3,149 million for the same period of the previous year, an increase of 10.1%.
5.Earnings per share for the twelve months recorded SAR 2.31 against SAR 2.10 for the same period of the previous year.
6.Total operating income for the twelve months reached SAR 6,786 million against SAR 6,276 million for the same period of the previous year, an increase of 8.1%.
7.Net special commissions for the twelve months reached SAR 4,381 million against SAR 4,197 million for the same period of previous year, an increase of 4.4%
8.As of 31/12/2012, total assets reached SAR 190,181 million against SAR 180,887 million for the same period of the previous year, an increase of 5.1%. Loans and Advances, net reached SAR 117,471 million against SAR 112,973 million for the same period of the previous year, an increase of 4%. Investments reached SAR 36,254 million against SAR 36,616 million for the same period of the previous year, an decrease of 1%. Customer Deposits reached SAR 146,215 million against SAR 139,823 million for the same period of previous year, an increase of 4.6%. (continued)
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.