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Saudi Investment Bank Announces the 2nd Quarter 2010 Results
Saudi Press Agency Published in Saudi Press Agency on 19 - 07 - 2010

The second quarter (2010) net income of the Saudi Investment Bank (SAIB) was SR 22 million compared to SR 188 million for the same quarter last year with a decrease of 88%, and compared to a net income of SR 21 million for the previous quarter, an increase of 5%.
Operating income for the second quarter reached SR 449 million compared to SR 361 million for the same quarter last year, an increase of 24%, according to a latest press release of SAIB.
Net special commission income for the second quarter reached SR 328 million compared to SR 263 million for the same quarter last year, an increase of 25%.
Net income for the six months period was SR 43 million compared to SR 428 million for the same period last year, a decrease of 90%.
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