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Saudi British Bank Meets Forecasts With 8.8 Percent Rise In Quarterly profit
Saudi British Bank 1060.SE, the kingdom’s sixth-largest bank by assets, reported an 8.8 percent rise in third-quarter net profit on Wednesday, meeting analysts’ forecasts. The bank, an affiliate of HSBC Holdings, said it made 1.08 billion riyals, £217.4 million in the three months ending Sept. 30, compared with 995 million…
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