Arab Petroleum Investments Corporation (APICORP) Ups Net Income By 3% in 2020

Written by Media Outreach

Net income increased to USD115 mn despite fallout from COVID-19 pandemic
Balance sheet grew by 7.5% to USD7.89 bn
Corporate Banking and Treasury & Capital Markets portfolios up 6% and 13%, respectively
Improvement in key financial and risk metrics, including highest ever liquidity ratio (349%) and capital adequacy (31%).

DAMMAM, SAUDI ARABIA - EQS...

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