Bank AlJazira reports 29% jump in Q2 net profit

Posted by on Jul 16th, 2013 and filed under Islamic Finance. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Saudi lender Bank AlJazira has reported a 29% jump in its net income for the second quarter to SR167m, compared with SR129m for the same quarter last year. Net profit during the first six months of 2013 grew 15% to SR312m from SR272m for the same period last year. The bank's total assets as of June 30, 2013 stood at SR56.22bn against SR47.12bn for the same period in the previous year, an increase of 19%.

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