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Banque Saudi Fransi starts 2014 with solid quarter earnings

: Tuesday, April 08 - 2014 @ 05:12

The Tadawul All-Share Index fell by 0.25 per cent to 9,507.58 points on Monday, April 7. SABIC, the market bellwether, edged down by 0.64 per cent to SAR117. Banque Saudi Fransi added 0.24 per cent to SAR41. Earlier in the day, the lender revealed that its net profit reached SAR856 million for Q1 2014, up by 25.15 per cent year on year and by 212.41 per cent over the fourth quarter in 2013. Banque Saudi Fransi announced that an increase in operating income fuelled the profit surge.

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Tuesday, April 8- 2014 @ 5:12 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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