15.04.2010 - Operational costs drag Saudi's Alinma Bank to Q1 loss
From Arabianbusiness.com: Newly launched Saudi bank Alinma made a $20 million net loss due to increased operational costs and a decline in revenues, according to figures issued on Wednesday. The bank, which opened its first retail banking branches in July, made a net profit of $29 million in the first quarter of 2009.......................................Full Article: Source
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