Banque Saudi Fransi

Banque Saudi Fransi is one of the leading banks in providing banking services to companies and business owners in the Kingdom of Saudi Arabia, and in June 2024 it completed the transition to its new corporate identity, BSF.[1]

The new identity reflects the bank's long heritage in embedding Saudi values since 1977, and the rebranding covered its subsidiaries, including Saudi Fransi Capital, which specialises in asset management and investment and moved to BSF Capital.[1] The bank's activity sits within the Kingdom's banking sector, which is developing under the Financial Sector Development Program.

Banque Saudi Fransi completed the transition to its new corporate identity, BSF, which was unveiled at an official ceremony attended by the Chairman of the Board of Directors, Mazen bin Abdulrazzak Al-Rumaih, the members of the board and the Chief Executive Officer, Badr bin Hamad Al-Salloum, along with the senior management team and employees.[1]

The rebranding covered the bank's subsidiaries, including Saudi Fransi Capital, which specialises in asset management and investment and moved to BSF Capital.[1]

In May 2022, the Real Estate Development Fund announced the signing of a framework agreement with Banque Saudi Fransi to facilitate access by companies and institutions in the real estate sector to support and real estate financing from financing entities, within the «Tatweer» programme to enable real estate developers to build housing projects across the Kingdom's regions.[5] The agreement was signed on the bank's side by the Managing Director and Chief Executive Officer, Rayan bin Mohammed Fayez.[5]

The Tatweer programme aims to raise the home ownership rate to 70% by 2030, among the targets of the Housing Program, one of the programmes of Saudi Vision 2030, and the agreement is one of the Real Estate Development Fund's instruments for supporting housing finance.[5]

In October 2026, the Saudi Real Estate Refinance Company (SRC), one of the companies of the Public Investment Fund, signed an agreement to purchase a residential real estate financing portfolio from Banque Saudi Fransi (BSF), the third portfolio purchase operation between the two sides.[2]

The agreement was signed under the patronage of the Minister of Municipalities and Housing and Chairman of the Board of Directors of the Saudi Real Estate Refinance Company, Majid bin Abdullah Al-Hogail, and in the presence of the Chairman of the Board of Directors of Banque Saudi Fransi, Mazen bin Abdulrazzak Al-Rumaih; the bank's Chief Executive Officer, Badr bin Hamad Al-Salloum, affirmed that it is an extension of the strategic partnership and support for the targets of Saudi Vision 2030.[2]

In November 2023, the Saudi Export-Import Bank and Banque Saudi Fransi signed an agreement under which the Export-Import Bank guarantees up to 80% of the financing extended to small and medium enterprises operating in the export of Saudi-origin products or services, with the guarantee for a single enterprise reaching up to 30 million riyals.[4]

On the side of the Saudi Export-Import Bank the agreement was signed by its Chief Executive Officer, Saad bin Abdulaziz Al-Khalb, and on the side of Banque Saudi Fransi by its Chief Executive Officer, Badr bin Hamad Al-Salloum, at the bank's headquarters in Riyadh, supporting the expansion of exporting small and medium enterprises, a track pursued by the Small and Medium Enterprises General Authority (Monsha'at).[4]

In May 2026, the Saudi Fund for Development and Banque Saudi Fransi signed a framework cooperation agreement to enhance the participation of Saudi companies in implementing the development projects the Fund finances in developing countries around the world.[3]

The agreement was signed by the Chief Executive Officer of the Saudi Fund for Development, Sultan bin Abdulrahman Al-Marshad, and the Chief Executive Officer of Banque Saudi Fransi, Badr bin Hamad Al-Salloum.[3]

In September 2026, Banque Saudi Fransi signed a memorandum of understanding with Diriyah Company to enhance cooperation in investment and luxury real estate, deepen engagement with private banking clients, and develop financial and banking solutions.[7]

In September 2025, Banque Saudi Fransi signed a three-year agreement with the Saudi Padel Committee to launch the «BSF Padel League» with prizes exceeding one million riyals, with exclusive naming rights for the bank throughout the partnership period.[6]

Q: What is Banque Saudi Fransi? A: It is one of the leading banks in providing banking services to companies and business owners in the Kingdom of Saudi Arabia, and in June 2024 it completed the transition to its new corporate identity, BSF.[1]

Q: What is the bank's new corporate identity? A: It is the BSF identity, which was unveiled at an official ceremony and covered the bank and its subsidiaries, including the move of Saudi Fransi Capital to BSF Capital.[1]

Q: What are the targets of the Tatweer programme? A: Raising the home ownership rate to 70% by 2030, one of the targets of the Housing Program within Saudi Vision 2030.[5]

Q: What is the guarantee amount for financing exporting small and medium enterprises? A: The Saudi Export-Import Bank guarantees up to 80% of the financing volume, with a maximum of 30 million riyals for a single enterprise.[4]

Q: What are the bank's financing and development partner entities? A: The Real Estate Development Fund, the Saudi Real Estate Refinance Company, the Saudi Fund for Development, and Diriyah Company.[2][3][5][7]

After its move to the BSF identity in 2024, Banque Saudi Fransi continued to expand its financing and development partnerships with national entities, from the Real Estate Development Fund and the Saudi Real Estate Refinance Company to the Saudi Fund for Development, the Saudi Export-Import Bank and Diriyah Company.[1][2][3][4][7]