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Saudi Hollandi, ANB made highest loan provision in Q4

Saudi Hollandi Bank and Arab National Bank made the highest quarterly provisions in 2009 for credit losses during the fourth quarter, Reuters has reported, citing stock exchange data. Saudi Hollandi booked 753.5 million riyals ($200.9m) during the fourth quarter to cover loan losses, the data showed. ANB set aside 346.8 million riyals for the same purpose during the period.

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