The total operating income for the second quarter amounted to SR307 million compared to SR174 million for the same quarter of previous year with an increase of 76 percent.

Net income from investments and financing activities for the second quarter amounted to SR283 million compared to SR162 million for the same quarter of previous year with an increase of 75 percent.

Net income for the six months amounted to SR173 million, compared to a net loss of SR72 million for the same period last year.

Earning per share for the six months period amounted to SR0.12 compared to loss per share of SR (0.05) for the same period of previous year. Financing portfolio as of June 30, 2011 amounted to SR22,503 million compared to SR8,426 million as of June 30, 2010 with an increase of 167 percent, and customers deposits as of June 30, 2011 amounted to SR13,232 million compared to SR6,409 million as of June 30, 2010 with an increase of 106 percent.

Increase in net income in the first half of 2011 compared to first half of 2010 was mainly due to significant growth in the core banking activities.