Al-Bank Al-Saudi Al-Fransi
Al-Bank al-Saudi al-Fransi (BSF) has pointed out that its foreign exchange result for 1994 was incorrectly reported in MEES, 19 February. BSF in fact made a forex gain of SR60.2mn ($16mn) in 1994 rather than a loss of SR5.6mn. The loss of SR5.6mn was incurred in trading securities. The 1995 numbers stand. MEES apologizes for any misunderstanding.