Saudi Arabia's National Commercial Bank (NCB), the country's biggest bank by assets, posted a 87 per cent rise in its third-quarter net profit, the lender said on Wednesday.
State-owned NCB made a net profit of 1.5 billion riyals ($412m) in the three months to end September, compared with 828m riyals in the same period a year earlier.
The unlisted lender's assets grew by 13 per cent to 307 billion riyals from 271bn riyals at the end of the same period last year, it said.
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