The Al-Rajhi Banking and Investment Corporation recently published its financial results for the end of fiscal year 2001. The results show that Al-Rajhi’s profits totaled 1.5 billion Saudi Riyals in 2001, reported Al-Bayan . The corporation’s revenues totaled SR 35.2 billion and customer deposits totaled SR 37.8 billion by the end of the same year. The Board of Directors of the Al-Rajhi Corporation recommended distributing SR 1.3 billion dividends for fiscal year 2001, which is equivalent to SR 28 per share earning, the same amount that was distributed in 2000. — (menareport.com)
© 2002 Mena Report (www.menareport.com)