Tuesday 17, January 2012 by Robin AmlĂ´t

NCB Capital snapshot – Saudi British Bank (SABB) results

NCB Capital said SABB reported strong Q4 2011 results with net income up 65 per cent YoY to SAR 655 million, 7.8 per cent above NCBC estimate but in-line with consensus. Well managed operating expenses and lower provisions have driven the strong growth in net income.

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