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Saudi's Al Rajhi Bank posts 11 pc quarterly profit drop
Al Rajhi Bank, Saudi Arabia's second-largest lender, posted an 11 per cent drop in its first-quarter net profit, it said on Monday, missing analyst forecasts. The bank made 1.52 billion riyals ($405.3 million) in the three months ending March 31, compared with 1.71 billion riyals in the same period a…
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