Financial Results
Islamic Finance
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Refile-Saudi's Al Rajhi Bank Q1 net profit rises 33 pct, beats forecasts
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 32.8 percent rise in first-quarter net profit on Sunday, beating analyst forecasts as it cut wage costs and fee income increased. The bank made a profit of 2.02 billion riyals ($538.7 million) in the three months to Mar. 31,…
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Click here to read the full story: Reuters