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Saudi’s largest lender NCB posts 3.5% rise in Q4 profit

Saudi Arabia’s National Commercial Bank (NCB), the country’s largest lender, saw a 3.5 per cent rise in fourth-quarter net profit, according to Reuters calculations, while its annual profit met analysts’ forecasts. The bank, which is in merger talks with Riyad Bank, made a net profit of SAR2.65bn ($706.6m) in the…

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