Wednesday 18, January 2012 by Robin Amlôt

NCB Capital snapshot – Al Rajhi Bank results

Analysts at NCB Capital (NCBC) said, “Al Rajhi posted strong net income growth of 13.8 per cent YoY for Q4 2011, in line with consensus, but slightly below our estimate. Strong growth in its loan book, moderate NSCI growth and strong non-interest income improved its bottom-line for Q4 2011.”

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