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Riyad Bank Says To Distribute First-Half Dividend Of SAR 975 Mln

Saudi Arabian Riyal

June 23, 2013 3:13 by

Riyad Bank will distribute first-half dividends of 975 million riyals ($260 million), equivalent to 0.65 riyals a share, it said on Saturday.

The bank is Saudi Arabia’s third-largest listed lender and posted a first-quarter net profit of 951 million riyals, a 5.5 percent rise over the same quarter in 2012.

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