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Saudi National Bank reports more than 7% jump in 2023 net profit

Saudi National Bank, the kingdom's largest bank by assets, posted a 7.7% jump in full-year net profit on Monday, supported by higher operating income and lower impairment charges. The lender made a net profit of 20.01 billion riyals ($5.34 billion) in 2023, beating an average analyst estimate of 19.5 billion…

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