Net interest margin of banks Saudi Arabia Q3 2021-Q3 2023
As of quarter three of 2023, the net interest margin of banks in Saudi Arabia was 3.23 percent. Since its peak of 3.26 percent during the third quarter of 2021, the net interest margin dipped to a low of 3.1 percent in the second and third quarters of 2022. Thereafter, the net interest margin increased for three consecutive quarters, eventually plateauing at 3.23 percent.