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Samba Achieves Record Profit of $1.4bn in 2018

Saudi Arabia’s Samba Financial Group posted record profits in 2018 at $1.47 billion (SR5.5 billion), according to a bourse statement. The net profit, up 10 percent from the previous year, was in line with analysts’ forecasts. The average of eight analysts polled forecast the bank would make a net profit…

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