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Al Rajhi Q3 profit rises
- Saudi Arabia: Monday, October 19 - 2009 at 09:37
Al-Rajhi Bank, the largest lender in Saudi Arabia by market value, has said its third-quarter profit had climbed to SR1.8bn ($480m) from SR1.76bn in the year-earlier period, Bloomberg has reported. Third-quarter income from lending and investments increased 17% to SR2.5bn. Lending increased 5.4% to SR144.1bn as of September 30, while customer deposits grew 4.2% to SR123bn at the end of the nine- month period, the bank said.
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StaffMonday, October 19 - 2009 at 09:37 UAE local time (GMT+4)
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