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Saudi SAMBA posts 2.1% rise in Q2 profit on debt gains, fee income
Saudi lender Samba Financial Group posted a 2.1% rise in quarterly profit, helped by fair-value gains on debt and higher fee and commission income, surviving a period marked by the coronavirus outbreak and weak interest rates. SAMBA reported a net profit of 955 million riyals ($254.65 million) in the period…
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