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Saudi Bank Samba's Quarterly Profit Falls 2.5 PCT
Saudi Arabia’s third-largest bank by assets, Samba Financial Group, reported a 2.5 percent drop in third-quarter net profit on Wednesday, blaming rising credit costs and other expenses. Net profit of 1.31 billion riyals, $349 million in the three months to Sept. 30 was down from 1.34 billion riyals in the…
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Click here to read the full story: Reuters