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Saudi's Riyad Bank reports 10.8 pct profit fall but beats forecasts
Riyad Bank reported a 10.8 percent fall in first-quarter net profit on higher impairment charges but Saudi Arabia's fourth-largest lender by assets still beat analysts' forecasts. Net profit fell to 1.05 billion riyals ($280 million) in the three months to March 31 from 1.17 billion a year earlier, it said…
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Click here to read the full story: Reuters