Riyadh – Mubasher: Riyad Bank's net profits grew by 27.78% year-on-year (YoY) to SAR 6.02 billion in 2021, compared to SAR 4.71 billion.

The earnings per share (EPS) stood at SAR 2.01 last year, versus SAR 1.57 in 2020, the financial results revealed on Sunday.

Clients’ deposits increased by 4.25% YoY to SAR 211.67 billion in 2021 from SAR 203.03 billion.

The banks 'assets rose to SAR 325.73 billion in 2021, up 5.04% compared to SAR 310.08 billion in 2020.

It is noteworthy to mention that during the third quarter (Q3) of 2021, the Saudi listed bank posted net profits of SAR 1.54 billion, an increase of 19% from SAR 1.29 billion in the year-ago period.