947 thousand riyals, the profitability of each employee during the past year in this sector • Al-Marsad Newspaper

Al-Marsad newspaper: The annual reports of 8 banks in the Kingdom revealed that the average profitability of one employee in the bank was equivalent to 947,751 riyals during the past year 2022, as the average profitability of each employee increased by 18.76% compared to the year before last 2021.

number employees

In the past year 2022, 4,175 new employees in the banking sector entered the labor market, bringing the total number of workers in the sector to 61,187, with an increase of 7.32% in the number of employees working in the private sector, according to “Okaz”.

profitability banks

The profitability of the eight banks represented by “Al-Rajhi, Al-Inma, SABB, Al-Jazira, Al-Ahly, Al-Bilad, Al-Fransi, and Riyadh”, which announced their detailed financial results for the year 2022, amounted to about 57.99 billion riyals for the past year 2022, with an increase in profits of 12.49 billion riyals, equivalent to a rise of 27.46 percent. %.