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PSF Q3 profit up 11.5 percent
The profits of Banque Saudi Fransi (BSF) rose by 11.5% in the third quarter of 2026, reaching 1.51 billion riyals, supported by a 10.1% increase in operating income. This growth was driven by higher net commission, fee income, and trading income, despite a 14.3% increase in expected credit loss provisions. Over the first nine months, the bank recorded profits of 4.38 billion riyals, a 6.9% increase. Total assets also grew to 338.64 billion riyals, while loans and deposits increased by 6.9% and 9.3%, respectively.
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