Operating income of SR3,777 million for the nine months ended Sept. 30, 2011 - an increase of SR54 million, or 1.5 percent, compared with SR3,723 million for the same period in 2010.

Customer deposits of SR100.8 billion at Sept. 30, 2011 - an increase of SR10.1 billion, or 11.1 percent, compared with SAR90.7 billion at Sept. 30, 2010.

Loans and advances to customers of SR82.4 billion at Sept. 30, 2011 - an increase of SR7.7 billion, or 10.3 percent, from SR74.7 billion at Sept. 30, 2010.

The bank’s investment portfolio totaled SR24.1 billion at Sept. 30, 2011, an increase of 14.8 percent compared with SR21 billion at Sept. 30, 2010.

Total assets were SR131.9 billion at Sept. 30, 2011, compared with SR118.3 billion at Sept. 30, 2010, an increase of 11.5 percent or SR13.6 billion.

Earnings per share of SR2.98 for the nine months ended Sept. 30, 2011, from SR1.98 for the same period in 2010.

Khaled Olayan, chairman of SABB, said SABB has achieved strong profit growth with its robust and diversified operating income streams and cost containment measures.

He said SABB has steadily grown its balance sheet during the year with ongoing drive to book quality business and continues to take a prudent view on provisioning.

“We are committed to supporting our customers and seeking new opportunities for business growth,” he said.

“We thank our customers for their continued support and our staff for their commitment and contribution to the bank’s success,” the chairman said.