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Banque Saudi Fransi

Banque Saudi Fransi Q1 profit rises 25pc

Banque Saudi Fransi posted a 25.2 percent rise in first-quarter net profit on Monday, beating analysts' estimates as operating income increased. The bank made a net profit of 856 million riyals ($228.24 million) in the three m

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Saudia picks adviser for new IPO

Saudi Arabian Airlines (Saudia) has chosen Samba Financial Group to advise it on the initial public share offer (IPO) for its cargo unit, it said on Monday. A senior official from Saudia told Reuters last week the IPO of the cargo

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Saudi bank gets nod for $800m capital increase

Banque Saudi Fransi, the lender part-owned by Credit Agricole, has received regulatory approval for a 3 billion riyal ($800 million) capital increase through the issuance of bonus shares, it said in a bourse statement. The bank, w

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Banque Saudi Fransi Q4 profit slumps

Banque Saudi Fransi, the lender part-owned by Credit Agricole, posted its lowest quarterly net profit in at least five years on the back of unspecified higher operating expenses, widely missing analysts' forecasts. The kingdom

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Banque Saudi Fransi posts $203.5m profit

Banque Saudi Fransi, the lender part-owned by Credit Agricole, made SR763 million ($203.5 million) in the three months ending June 30, compared to SR757 million in the same period a year earlier. Saudi Arabia's fifth-largest b

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Banque Saudi Fransi Q2 net profit up

Banque Saudi Fransi, the lender part-owned by Credit Agricole, posted a 0.8 per cent rise in its second-quarter net profit, beating analyst forecasts. Saudi Arabia's fifth-largest bank by market value said it made 763 million

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Saudi Fransi to distribute $96m dividends

Banque Saudi Fransi, the lender part-owned by Credit Agricole, said it would distribute dividends worth 361.6 million riyals ($96.4 million) for the first six months of the year. This equates to 0.4 riyals per share, the statement

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Banque Saudi Fransi Q1 net drops 13.3pc

  Banque Saudi Fransi, the lender part-owned by Credit Agricole, posted a 13.3 percent drop in its first-quarter net profit as higher operating expenses weighed on the bank, it said in a bourse statement on Sunday. &

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Banque Saudi Fransi Q4 net profit jumps

  Banque Saudi Fransi, the lender part-owned by Credit Agricole, posted a 22.2 percent jump in its fourth-quarter net profit citing higher operating income, it said in a bourse statement on Monday.  

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Banque Saudi Fransi to close $507m sukuk

Banque Saudi Fransi, which is part-owned by Credit Agricole, will close a SR1.9 billion ($506.6 million) lower tier two Islamic bond issue on Tuesday, a source familiar with the matter said. The subordinated sukuk will boost Banqu

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