Regulation, Risk & Compliance
Retail Banking
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Banque Saudi Fransi gets nod for bonus share issue
Banque Saudi Fransi, the lender part-owned by Credit Agricole, has received regulatory approval for a 3 billion riyal capital increase through the issuance of bonus shares, it said in a bourse statement on Thursday. The bank, which last month posted its lowest quarterly net profit in at least five years…
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Click here to read the full story: Reuters