• Home
  • News
  • Saudi’s largest lender NCB posts 5.7% rise in first-quarter profit

Saudi’s largest lender NCB posts 5.7% rise in first-quarter profit

  • Ahmed elgammal
  • 12 Jun, 2019

National Commercial Bank made a net profit of SAR3.16bn ($842.7m) in the first three months of 2019.

"No one can whistle a symphony. It takes a whole orchestra to play it."

So that`s exactly what happened with our esteemed client and the largest lender in Saudi Arabia, National Commercial Bank NCB,

Saudi Arabia’s National Commercial Bank(NCB), the country’s largest lender, reported a 5.7 % rise in first-quarter net profit.

NCB made a net profit of SAR3.16bn ($842.7m) in the three months to March 31, up from SAR2.99bn a year earlier,

Also as known that NCB is using our DNX ( Datability Ninety X ) as their data quality management platform to create centralized data quality management system that offers great advantages in providing accurate, timely and consistent data across systems, branches and teams, which eventually result in a huge reduction in reconciliation activities and increases the efficiency and effectiveness of various teams, like risk management, finance, sales and marketing

to find our more about DNX ( Dataability Ninety X ) click here

Again, Congrats to all whom stood behind NCB 2019-Q1 success, and we are sure that there is more and more of promising success is yet to come

More articles

Card image cap

Working from home Pros & Cons

Among this huge times of uncertainty and losing compass, we have been questioned a lot about how we do manage productivity without losing the spirit and keeping the good vibes on the table still

we have spoken with Amal Saleh, to illustrate us how she can get it all managed, giving that Amal has been managing projects for knowledgeNet for the last 10 years in a row in three different countries ( Egypt, KSA & UAE )

>>>>>>>>>>> 𝙀𝙣𝙟𝙤𝙮 𝙍𝙚𝙖𝙙𝙞𝙣𝙜 <<<<<<<<<<<

Working from home (WFH) is something new for so many people, companies and we can say countries. Something that has taken all of us by surprise. It impacts communication and may leave some employees feeling disconnected and unsure about their results.

Saleh also added that the sure thing is, it is not for everyone! So, it's important to consider some advantages and disadvantages before you make it a part of your work process.

1- The Flexibility: When we work from home, while we still have to meet our deadlines and be available when we say we will be, we generally have wider space and time to tend to other non-work responsibilities.
2- Increased productivity: Being able to step away from our work when we feel like we need a break can help us stay motivated and reduce burn-out.
3- More independence: Working from home can provide independence in our job that might be absent in a physical workplace
4- There is no commute. Not having a long commute to and from work can save us time and money.

1- Home Distractions: Too many distractions can decrease our productivity and motivation. WFH needs a lot of self-discipline
2- Increased isolation: Working all day without access to coworkers and colleagues can be very isolating and lonely.
3- There's less ad hoc learning. In the office, we are constantly in a position to learn from each other
4- It is easy to misread cues via electronic communications

WFH has some benefits but it might be not the perfect situation. Understanding the reasons behind facilitating WFH can help in learning how to apply it successfully.

Copy Email to my web developer Connect Google Tag Manager