Riyad Bank Chairman Rashid Al-Rashid confirmed that the bank posted a net profit of 3.049 million riyals for the nine-month period ending September 30, down 4.71% from the same period last year, Net commission income also rose to 3.948 million riyals, compared to 3.836 million riyals, an increase of 2.91%, He added that total operating income reached 5.869 million riyals, compared to 6.078 million riyals, a decrease of 3.41%. Al-Rashed emphasized the bank’s continued focus on core banking activities and the ongoing development of its financial position, with the loan and advance portfolio reaching 152.631 million riyals, compared to 138.464 million riyals, an increase of 10.21%, while the investment portfolio stood at 44.009 million riyals compared to 47.220 million riyals for the same period of the previous year, a decrease of 6.81%. Customer deposits stood at 160.821 million riyals compared to 161.120 million riyals, a decrease of %0.2, while total assets reached 223.472 million riyals compared to 216.975 million riyals, an increase of 3%.