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Saudi's Arab National Bank Q1 profit beats forecasts despite 2.8 pct dip

Arab National Bank, Saudi Arabia's seventh-largest lender by assets, reported a 2.8 percent fall in first-quarter profit on Sunday, but still beat analysts' forecasts. Net profit in the three months to Mar. 31 was 749.2 million riyals ($199.8 million), compared to 770.6 million riyals in the corresponding period of the…

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