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Saudi Al Rajhi Bank net profit up 10.1 percent, RBS-backed Alawwal's profit drop
Al Rajhi Bank 1120.SE, Saudi Arabia's second-largest lender by assets, reported a 10.1 percent rise in its first-quarter net profit on Monday, beating analysts forecasts. Smaller lender Alawwal Bank 1040.SE, partly owned by Royal Bank of Scotland, posted a 36.7 percent drop in quarterly profit as the lender was hit…
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Click here to read the full story: Reuters