There was a decrease of about 40 percent in the profitability of banks in Saudi Arabia as a result of the COVID-19 pandemic in 2020. The average decrease in banking profitability for the Gulf Cooperation Council (GCC) countries in that year was 30 percent.
Banking profitability contraction after the COVID-19 pandemic in Gulf Cooperation Council countries in 2020, by country
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Oxford Business Group. (October 8, 2021). Banking profitability contraction after the COVID-19 pandemic in Gulf Cooperation Council countries in 2020, by country [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1275616/gcc-banking-profit-decline-post-covid-19-by-country/
Oxford Business Group. "Banking profitability contraction after the COVID-19 pandemic in Gulf Cooperation Council countries in 2020, by country." Chart. October 8, 2021. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1275616/gcc-banking-profit-decline-post-covid-19-by-country/
Oxford Business Group. (2021). Banking profitability contraction after the COVID-19 pandemic in Gulf Cooperation Council countries in 2020, by country. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1275616/gcc-banking-profit-decline-post-covid-19-by-country/
Oxford Business Group. "Banking Profitability Contraction after The Covid-19 Pandemic in Gulf Cooperation Council Countries in 2020, by Country." Statista, Statista Inc., 8 Oct 2021, https://www.statista.com/statistics/1275616/gcc-banking-profit-decline-post-covid-19-by-country/
Oxford Business Group, Banking profitability contraction after the COVID-19 pandemic in Gulf Cooperation Council countries in 2020, by country Statista, https://www.statista.com/statistics/1275616/gcc-banking-profit-decline-post-covid-19-by-country/ (last visited December 03, 2024)
Banking profitability contraction after the COVID-19 pandemic in Gulf Cooperation Council countries in 2020, by country [Graph], Oxford Business Group, October 8, 2021. [Online]. Available: https://www.statista.com/statistics/1275616/gcc-banking-profit-decline-post-covid-19-by-country/
