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Saudi British Bank Q4 Net Profit Jumps 20%

Saudi British Bank, Saudi Arabia’s fourth-largest listed bank, said its fourth-quarter net profit rose 20 per cent over the same period of 2012, beating analyst expectations. The lender, an affiliate of HSBC Holdings, said it made SAR976 million ($260 million) in the three months to Dec. 31, compared to SAR815…

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