| 12.04.2010 - Saudi Arabia's Riyad Bank Q1 net profit up 55pct |
| From Arabianbusiness.com: Saudi lender Riyad Bank posted a lower than expected 55 percent rise in net profit during the first quarter after a drop in lending income offset a near 23 percent fall in operating costs. Saudi Arabia's third largest lender by market value made a $182.4 million net profit in the three months to end-March, up from $117.5 million in the year earlier period, it said in a statement on Sunday.....................................Full Article: Source |