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Saudi's Al Rajhi Bank Q4 net profit rises 20%
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 19.8 percent rise in its fourth-quarter net profit on Sunday, broadly in line with analysts' forecasts. The bank made 2.45 billion riyals ($653.4 million) in the three months to Dec. 31, up from 2.05 billion riyals in the same…
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