Riyadh – Mubasher: The net profits of Banque Saudi Fransi hiked by 123.16% to SAR 3.45 billion in 2021, compared to SAR 1.55 billion in the previous year.

The bank's net income from special commissions rose by 2.54% to SAR 5.37 billion in 2021 from SAR 5.24 billion in 2020, according to a bourse filing on Monday.

The bank's assets amounted to SAR 215.8 billion last year, up 11.195% from SAR 194.07 billion in 2020.

The earnings per share (EPS) settled at SAR 2.7 in 2021, versus SAR 1.24 in the previous year.

It is noteworthy to mention that during the first nine months (9M) of 2021, the bank posted a 69% year-on-year (YoY) growth in net profits to SAR 2.45 billion from SAR 1.45 billion.