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Saudi banks post 17.3% rise in profits 2 Riyadh

banking became more popular for salary payments and between individuals.
Express service business increased by SR5.86bn - with SR5.6bn coming from transfers between individuals and SR191bn through group payments.
Meanwhile, online transactions made through ATMs machines during Q4 2008 was SR207.8m. These included transactions through banks and the Saudi Payments Network for a total of SR90.6bn.

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