Financial Results
Retail Banking
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Samba reports jump in yearly earnings, analyst says the bank is" well positioned to benefit from rising interest rates"
Shares in Samba Financial Group rose on Thursday after the bank reported a rise in yearly earnings. Samba’s shares retreated on Sunday on profit-taking following the rally at the end of last week. Samba, Saudi Arabia’s third-largest bank by assets, reported a net profit for 2018 of 5.53 billion Saudi…
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