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Perspective BRICS member Saudi Arabia has hit a new milestone in its banking sector, with the Saudi National Bank reporting a 14-month high in profits. The Central Bank of Saudi Arabia Perspective BRICS member Saudi Arabia has hit a new milestone in its banking sector, with the Saudi National Bank reporting a 14-month high in profits. The Central The top 10 listed banks collectively achieved net profits of SAR 79.64 billion, marking a 13.84% increase from the previous year. At the forefront, Saudi National Bank From the beginning of the year until the end of May, banks recorded a cumulative profit of SAR 34.78 billion. Profits before taxes and zakat (2.5% to be distributed to Hace 1 día Saudi banks achieved historic profits in the first quarter of 2025, recording their highest-ever quarterly earnings at $5.94 billion (SAR 22.26 billion). This marks a notable 19% The Central Bank of Saudi Arabia reports that in May, the total earnings of Saudi banks hit a record-breaking 14-month high of US$1.96 billion. While banks in the West still struggle with the impact of the financial crisis, Saudi Arabia’s 12 commercial banks keep moving to ever greater heights with aggregate net RIYADH: Saudi Arabia’s top 10 listed banks recorded all-time high net profits in 2025 of SR79.64 billion ($21.23 billion), reflecting a 13.84 percent annual increase

BRICS Saudi Arabia Banks Surge: Record-Breaking Profits Emerge

Perspective BRICS member Saudi Arabia has hit a new milestone in its banking sector, with the Saudi National Bank reporting a 14-month high in profits. The Central Bank of Saudi Arabia Perspective BRICS member Saudi Arabia has hit a new milestone in its banking sector, with the Saudi National Bank reporting a 14-month high in profits. The Central Bank's latest reports confirm a booming financial landscape.

Saudi Arabia's banking sector is experiencing unprecedented growth. In 2025, RIYADH: Saudi Arabia’s top 10 listed banks recorded all-time high net profits in 2025 of SR79.64 billion ($21.23 billion), reflecting a 13.84 percent annual increase. The top 10 listed banks collectively achieved net profits of SAR 79.64 billion, marking a 13.84% increase from the previous year. At the forefront, Saudi National Bank is leading the charge.

Saudi banks achieved historic profits in the first quarter of 2025, recording their highest-ever quarterly earnings at $5.94 billion (SAR 22.26 billion). This marks a notable 19% year-on-year increase, demonstrating the strength and resilience of the Saudi financial system. From the beginning of the year until the end of May, banks recorded a cumulative profit of SAR 34.78 billion. Profits before taxes and zakat (2.5% to be distributed to charitable causes) reflect the robust performance across the board.

The Central Bank of Saudi Arabia reports that in May, the total earnings of Saudi banks hit a record-breaking 14-month high of US$1.96 billion. While banks in the West still struggle with the impact of the financial crisis, Saudi Arabia’s 12 commercial banks keep moving to ever greater heights with aggregate net profits consistently exceeding expectations. This positive trend underscores Saudi Arabia's growing economic influence within the BRICS alliance and globally.

Explore the key drivers behind the phenomenal success of Saudi Arabia's banking sector, and understand how these profits are contributing to the Kingdom's overall economic growth and development. Learn more about the Saudi National Bank's role and the impact of the Central Bank of Saudi Arabia's policies on this record-breaking performance.

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