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Riyadh-Mubasher: Saudi British Bank (SABB), an affiliate of HSBC Holdings, posted SAR 1.13 billion in net earnings for the second quarter of 2015, falling 1.7% compared with SAR 1.15 billion in the same quarter of 2014.
Six-month net income rose 0.66% year-on-year from SAR 2.23 billion to SAR 2.25 billion.
The lender attributed the profit growth to a rise in total operating income.
However, H1 profit decline was due to a decrease in total operating expenses, SABB said.