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Saudi's Riyad Bank Q2 net profit down 26 pct
Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a 26 percent decline in second-quarter net profit on Wednesday, missing analysts' forecasts, as the bank booked higher impairment charges. The bank made 848 million riyals ($226.13 million) in the three months to June 30, down from 1.15 billion riyals in…
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