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Al Rajhi Bank’s Q2 profit slips 2.5% to $1.1bln on lower operating income
Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 2.5% decline in Q2 2023 net profit to 4.15 billion riyals ($1.11 billion), compared to SAR 4.25 billion in the same period last year. The earnings were down as total operating income fell by 4.5% annually due to decreased…
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