Samiksha Jaiswal (Editor)

Banque Saudi Fransi

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Type
  
Products
  
Financial Services

Headquarters
  
Founded
  
4 June 1977

Industry
  
Finance

Website
  
alfransi.com.sa

Number of employees
  
2,783

Motto
  
Bank of Excellence

Banque Saudi Fransi httpsuploadwikimediaorgwikipediacommonscc

Key people
  
Patrice Couvègnes (Managing Director)

CEO
  
Patrice Couvegnes (29 Nov 2011–)

Stock price
  
1050 (TADAWUL) SAR 23.80 -0.20 (-0.83%)1 Mar, 3:00 PM GMT+3 - Disclaimer

Profiles

Banque saudi fransi corporate video


Banque Saudi Fransi (BSF) (Arabic: البنك السعودي الفرنسي) is a Saudi Joint Stock Company established by Royal Decree No. M/23 dated June 4, 1977.

Contents

The bank is affiliated with Crédit Agricole Corporate and Investment Bank. that holds an equity interest of 31.1%. Credit Agricole CIB is a fully-fledged member of the Crédit Agricole Group, the second largest bank in France, and seventh amongst banks of the Eurozone by total equity. As of April 2014, Banque Saudi Fransi has a capital strength of 12,053,571,670 SR.

BSF has a banking network of about 120 branches across the Saudi Kingdom and employs over 2,660 staff. Bank’s head office is located in Riyadh and the company has three regional offices in Jeddah, Al-Riyadh and Al-Khobar

Patrice couvegnes group ceo and board member banque saudi fransi bme industry awards 2016


History

Banque Saudi Fransi was established in accordance with the Royal Decree No. m. 32 dd 17 Jumada II 1397H 4 June 1977. Following the transfer of Banque Indocine et de Suez operations in Saudi Arabia, Banque Saudi Fransi officially commenced its operations on 5 September 1989 under CR No. 1010073368 issued on 5 Sept 1989. Banque Saudi Fransi has a branch network of 120 branches.

In June 2012 Fitch Ratings has affirmed Banque Saudi Fransi's (BSF) Long-term Issuer Default Rating (IDR) at 'A' with a Stable Outlook and Short-term IDR at 'F1'.

Services

Banque Saudi Fransi offers financial services in corporate banking and commercial banking including islamic banking in accordance with the Islamic Sharia principles (Arabic: مبادىء الشريعة الإسلامية). The bank also provides investment services such as asset management and investment funds, in addition to providing brokerage services through subsidiary Saudi Fransi Capital

References

Banque Saudi Fransi Wikipedia


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