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Saudi's Riyad Bank Q4 net profit up 2.9 pct, beats forecasts

Riyad Bank, Saudi Arabia's third-largest lender by assets, posted a 2.9 percent rise in its fourth-quarter net profit on Sunday, beating analysts' average forecast. The bank said it made 1.06 billion riyals in the three months ending December 31, compared with 1.03 billion riyals in the same period of 2013,…

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