17.01.2011 - SABB bank Q4 net profit surges to $106mln

From Tradearabia.com: Saudi bank SABB posted a surge in its fourth-quarter net profit to 397 million riyals ($106 million) on Sunday, beating analyst forecasts. SABB, 40 percent owned by HSBC Holdings, made profit of 26 million riyals in the fourth quarter of the previous year, it said in a stock exchange statement..............................................Full Article: Source

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