The Saudi Arab National Bank reported that its net operating income reached 486 million Saudi Riyals ($129.6 million) in 2001, up from SR 405 million ($108 million) in 2000, a 20 percent growth, reported Al-Hayat . The Board of Directors of the Bank recommended distributing SR 343 million ($91.4 million) dividends to stockholders, which is equivalent to SR 11 per stock compared with SR 10 per stock dividend in 2000. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
