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Arab National Bank 33% profit
- Saudi Arabia: Thursday, April 14 - 2005 at 09:00
Arab National Bank reported an increase in profit of 33% to $96.5m for Q1 2005, compared to Q1 2004. Loans and advances went up by 38% to $8.03bn, and customer deposits during the period grew by 21% to $11.57bn. Loan to deposit ratio stood at 69%.
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