UPDATE 2-Banque Saudi Fransi Q3 profit down 1.9 pct
* Deposits, loans unchanged from Q2
* Non-lending income down by third
* Fransi first Saudi bank to announce Q3 earnings
(Throughout with details, stock performance)
RIYADH, Oct 10 (Reuters) - Banque Saudi Fransi 1050.SE, the Saudi affiliate of France's Calyon, posted a 1.9 percent fall in third-quarter net profit on lower fees from deposit management and its local brokerage.
The lender made 714 million riyals ($190.4 million) in the three months to Sept. 30 compared to 728.6 million riyals a year earlier, it said in a statement posted on the bourse's website.
"The decline is due to the important decrease in management fees despite an increase in deposits and also to the decrease in trading operations on local shares," it said in the statement.
Net operating income stood at 1.06 billion riyals, down 7 percent from the third quarter in 2008, while net lending income -- also known as net special commission income -- rose 10.8 percent to 758 million riyals, the bank said. Continued...




