19.04.2010 - Two more Saudi banks report fall in Q1 profits
From Business24-7.ae: Two more Saudi banks – Al Rajhi Bank and Bank Al Jazira – yesterday announced decline in profits due to rise in provisions. Al Rajhi Bank, the Gulf region's largest Islamic bank by market value, yesterday said first-quarter net profit fell 2.8 per cent, below analysts' forecasts, as provisions continue to weigh.........................................Full Article: Source
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