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Alinma Bank profits up to SR179m

Saudi lender Alinma Bank has said its net profit during the second quarter of the current year rose to SR179m from SR102m a year earlier and SR150m in the previous quarter, Arab News has reported. Operations net total income for the quarter rose 58% to SR484m, compared with SR307m for the same quarter a year ago. The bank's assets increased by 37% to SR44.19bn from SR32.35bn for the same period of the previous year, and SR39.87bn for the first quarter of this year.