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Banque Saudi Fransi reports SR1.55bn net income

Banque Saudi Fransi (BSF) has posted a 3.76% rise in its net income during the first six months of 2012 to SR1.55bn, compared with SR1.49bn for the same period last year, Arab News has reported. However, net income for the second quarter fell 3.07% to SR757m from SR773m for the same period a year earlier, and 4.06% compared with SR789m for the previous quarter. Total Assets increased by 9.7% to SR147bn as at June 30, compared with SR134bn a year ago.