Riyadh-Mubasher: Al-Rajhi Bank, Saudi Arabia's second-largest lender, posted SAR 1.94 billion in net profits for the second quarter of 2015, compared with SAR 1.95 billion in Q2-14, a decline of 0.41%.

H1-15 net income also fell 5.34% year-on-year from SAR 3.7 billion to SAR 3.5 billion.

The lender ascribed the second-quarter profit decline to a decrease in total operating income.

H1 profit decline was due to a decrease in total operating income and an increase in total operating expenses, Al-Rajhi said.