Saudi Al-Jazira Bank sees Q4 loss rising by 189 pct

RIYADH | Mon Jan 11, 2010 8:18am EST

RIYADH Jan 11 (Reuters) - Saudi Al-Jazira Bank 1020.SE said its net loss in the fourth quarter widened by 189 percent to 266 million riyals ($70.93 million).

The small bank posted a net loss of 266 million riyals in the fourth quarter after a loss of 92 million riyals in the same quarter a year ago, according to a statement on the Saudi bourse wesbite on Monday. (Reporting by Ulf Laessing; Editing by Firouz Sedarat)

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