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Saudi American Bank: it has returned to profitability with returns among the region’s highest |
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The largest 20 banks dominate the top 100 Arab banks, with a high 57% of the combined capital base, 53% of assets and 63% of consolidated net profit. The aggregated return on equity (ROE) for the top 20 banks, at 15.3%, is higher than the overall sector average, as is their average return on assets (ROA) of 1.6%. Their rise in ROE was particularly significant – from 13.7%
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