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Al Rajhi Bank Q2 profit up 14%

Al Rajhi Bank Q2 profit up 14%

A financial report stated that Al Rajhi Bank achieved profits of 7 billion riyals in the second quarter, representing a 14% increase compared to the same period last year. Its half-year profits also rose by 14.2%, reaching 13.8 billion riyals. The results confirm an improvement in the bank's financial performance, driven by revenue growth and cost reductions, reflecting the strength of the banking finance sector in Saudi Arabia.

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