抖阴短视频

DUBAI: 抖阴短视频n banks showed more evidence of improving results on Wednesday with stronger fourth-quarter performances from two of the kingdom鈥檚 larger lenders.
Of the seven main Saudi banks to report so far, all have posted higher profits for the quarter, although few have done enough to beat market forecasts.
Samba Financial Group, Saudi鈥檚 third-largest bank by assets, was the latest to do so on Wednesday, recording an 11.4 percent rise in fourth-quarter net profit, in line with analysts鈥� expectations.
Meanwhile, Alawwal Bank, Saudi鈥檚 oldest lender, swung to a fourth-quarter net profit as operating expenses almost halved.
After several years of fighting the fallout from weaker oil prices, analysts expect the Saudi banking sector鈥檚 performance in the coming quarters to be helped by a pick up in liquidity thanks to a combination of looser public spending and planned international sovereign debt issuance.
Samba made a profit of 1.21 billion riyals ($323 million) in the three months to Dec. 31, up from 1.09 billion riyals in the same period a year earlier, it said in a bourse statement.
Three analysts had on average forecast the bank would make a quarterly net profit of 1.21 billion riyals.
Samba said its increase in net profit was in part due to a rise in net special commission income and gains on non-trading investments and other operating income.
CHALLENGING CONDITIONS
Alawwal Bank said it made a profit of 326.5 million riyals in the three months to Dec. 31, compared to a loss of 249.3 million riyals in the corresponding quarter of 2016.
鈥淚n the face of challenging economic conditions in 2017, lending activity was slower than anticipated but with a more positive industry outlook in 2018 improvements are expected,鈥� Alawwal managing director Soren Nikolajsen said.
NCB Capital had forecast Alawwal would make a quarterly profit of 281 million riyals, while EFG Hermes predicted it at 339 million riyals.
Alawwal鈥檚 performance was aided by a drop in impairment charges for credit losses, general and administrative expenses, rent, salaries and other staff-related costs.
The bank is in merger talks with fellow Saudi lender Saudi British Bank (SABB), with the outlook for the proposed merger to become clear by the end of the first quarter, 抖阴短视频鈥檚 central bank governor said last month.
Loans and advances and deposits at both Samba and Alawwal slid during the quarter, as in previous quarters.
Deposit levels began to fall for some Saudi banks more than two years ago as the government, which had placed substantial amounts of oil revenue with banks when prices were high, withdrew cash to help bridge a budget shortfall. ($1 = 3.7502 riyals)