RIYADH, Oct 24 (Reuters) - Banque Saudi Fransi, the Saudi affiliate of French Calyon, booked 57.6 million riyals ($14.6 million) in provisions for loan losses during the third quarter, bourse data showed on Saturday.
Fransi booked loan loss provisions worth 119.9 million riyals in the second quarter of this year.
The bank has posted a 1.9 percent decrease in third-quarter net profit.
($1=3.75 Saudi riyals)
(Reporting by Souhail Karam; Editing by Inal Ersan) Keywords: FRANSI PROVISIONS (souhail.karam@reuters.com, +966 1 463 2603; Reuters Messaging: souhail.karam.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Fransi booked loan loss provisions worth 119.9 million riyals in the second quarter of this year.
The bank has posted a 1.9 percent decrease in third-quarter net profit.
($1=3.75 Saudi riyals)
(Reporting by Souhail Karam; Editing by Inal Ersan) Keywords: FRANSI PROVISIONS (souhail.karam@reuters.com, +966 1 463 2603; Reuters Messaging: souhail.karam.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
