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Islamic Finance Briefing - Categorized | Banking, Performance more

Saudi Hollandi quarterly profit falls due to lower fees

Posted on 15 April 2010

From Arabianbusiness.com: Saudi Hollandi Bank, partly owned by ABN Amro Holding, said its first quarter profit declined 19 percent on lower commission and operational income.

Net income dropped to $61.3 million, or $0.18 a share, from $75.8 million, or $0.22 a share, in the year earlier period, the Riyadh based bank said today in a statement on the Saudi bourse Web site…………………………………Full Article: Source

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