Saudi's Riyad Bank posts 25 pct Q2 profit rise | Reuters:
Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted a 25.2 percent rise in second-quarter net profit on Tuesday, in line with analysts’ forecasts as fees and commission income rose.
The bank made 1.06 billion riyals ($282.6 million) in the three months to June 30, up from 848 million a year earlier, it said in a bourse filing.
Three analysts polled by Reuters forecast a profit of 1.03 billion riyals.
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