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Saudi's Riyad Bank Q4 net profit tumbles 66 pct, misses forecasts

Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a 65.6 percent fall in fourth-quarter net profit on Monday, falling well short of analysts' forecasts. The bank made 293 million riyals ($78 million) in the three months to Dec. 31, down from 851 million riyals in the same period of…

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