The Saudi Investment Bank announces its quarterly interim financial results for the period ended March 31, 2009

12/04/2009
  1. The net commission income for the first quarter reached SAR 241 million comparing to SAR 255 million for the corresponding quarter of 2008 with a 5% decrease,
  2. The earning per share reached SAR 0.53 comparing to SAR 0.57 million for the corresponding quarter of 2008,
  3. The total assets as of March 31, 2009 reached SAR 50,284 million comparing to SAR 46,123 million as of the corresponding date of 2008 with an increase of 9%. Total investments amounted to SAR 12,432 million comparing to SAR 15,106 million as of the corresponding date of 2008 with a decrease of 18%. The loans portfolio as of March 31, 2009 reached SAR 30,110 million comparing to SAR 24,563 million as of the corresponding date of 2008 with an increase of 23%. Customer deposits as of March 31, 2009 reached SAR 38,042 million comparing to SAR 33,079 million as of the corresponding date of 2008 with an increase of 15%.