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Al Rajhi’s Q2 profit climbs 13.6%

Saudi Arabia's biggest Islamic lender, Al Rajhi Bank has said its second quarter net profit climbed 13.6%, helped by a 12.3% jump in operating income, Gulf News Daily has reported. The bank made SR2.1bn ($560m) in the three months ended June 30, against SR1.8bn a year earlier. Total assets rose 10.7% from a year earlier to SR238bn at the end of June and customer deposits climbed 12% to SR186bn, the bank said.