Non-performing loans (NPLs) declined by 9% to SAR 36.51 billion in Q3 2024, from SAR 40.20 billion a year earlier. Additionally, the NPL coverage ratio rose to 135% at the end of the current period, ...
Non-performing loans (NPLs) surpassed $2.5 billion at end-September, marking a sharp 29.5% increase for the quarter and a staggering 487% year to date. These upticks continue to stem from multi-family ...
“The objective of this exercise is to ensure total recovery of all historical NPLs, and so we want to thank all our stakeholders and customers for their support in this process so far,” she added.
Spicy flavours grew substantially, making up nearly a fifth of NPLs. Over four in 10 consumers enjoy discovering new tastes and food combinations–highest amongst millennials and Gen Zs, as innovation ...
Thank you, and good morning, everyone. Speaking on today's call will be Gianfranco Ferrari, our Chief Executive Officer; and Alejandro Perez-Reyes, our Chief Financial Officer. Participating in the ...