Saudi's Riyad Bank Q2 profit rises 9 pct, beats estimate | Reuters

Saudi's Riyad Bank 1010.SE posted a 9-percent rise in second-quarter net profit, the lender said in a bourse statement on Monday.

The bank made a net profit of 836 million riyals ($222.9 million)) in the three months to June 30, compared to 766 million riyals in the same period a year earler.

Analysts surveyed by Reuters had, on average, expected the bank to post a net profit of 789.86 million riyals.

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