Summary – Saudi Fransi Bank's profit fell in the second quarter



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Source: Reuters

* Net profit of 804 million riyals in the second quarter, against 841 million riyals the previous year.

* Total revenue from special commissions and investments reached 1.87 billion RS in the second quarter, compared to 1.73 billion RS a year ago.

* Second quarter net income decreased due to provision for Zakat.

At the end of June, customer deposits amounted to 142.23 billion rupees, down 3.1% year-on-year.

At the end of June, loans and advances amounted to RS 124.23 billion, up 1.2% year – on – year.

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