Financial Results
Islamic Finance
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Saudi's Al Rajhi Bank reports 3% drop in third-quarter profit
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 3% drop in third-quarter net profit on Sunday, but beat analysts' forecasts. The bank made 2.66 billion riyals ($709.28 million) in the three months to Sept. 30, down from 2.74 billion riyals in the same period a year earlier,…
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