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Islamic Finance Briefing - Categorized | Banking, Performance more

Riyad Bank Q4 profit up 72pct

Posted on 14 January 2010

From Tradearabia.com: Saudi-based Riyad Bank said its fourth-quarter net profit rose 72.4 percent to SR912 million ($243 million), beating analysts’ forecasts.

Riyad Bank, the third largest listed Saudi bank market capitalisation, by made SR912 million in the three months to end-December, up from SR529 million a year earlier, the bank said in a statement posted on the bourse’s website…………………………………..Full Article: Source

 
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