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Saudi's National Commercial Bank Q3 net income rises 7.8 pct – statement

National Commercial Bank IPO-NACO.SE (NCB), Saudi Arabia's largest lender by assets, posted a 7.8 percent increase in third-quarter net income, it said in a statement on Wednesday. NCB, which is currently undertaking the largest ever initial public offering in the Gulf Arab region, made 1.87 billion riyals ($498.4 million) in…

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