About Banque Saudi Fransi
Banque Saudi Fransi provides banking and financial services in the Kingdom of Saudi Arabia. The company owns Saudi Fransi Capital (has 100% share in equity) which is engaged in brokerage, asset management and corporate finance business. The company also owns Saudi Fransi Insurance Agency (SAFIA), Saudi Fransi for Finance Leasing and Sofinco Saudi Fransi having 100% share in equity in each of these subsidiaries. The company owns 100% (95% direct ownership and 5% indirect ownership through its subsidiary) share in Sakan Real Estate Financing. The company offers investment services to its customers, through its subsidiary, which include management of certain investment funds in consultation with professional investment advisors. In addition to the conventional banking products, the company offers its customers certain non-commission based banking products, such as Murabaha, Mudarabah, Istisna’a, Ijarah, Musharaka, and Tawaraq. The company offers various deposits, such as demand, saving, time, and other deposits. Segments The company operates through Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage segments. Retail Banking This segment includes private and small establishment customers' demand accounts, overdrafts, loans, saving accounts, deposits, credit and debit cards, consumer loans, certain forex products and auto leasing. Corporate Banking This segment includes corporate and medium establishment customers’ demand accounts, deposits, overdrafts, loans and other credit facilities and derivative products. Treasury This segment includes treasury services, trading activities, investment securities, money market, funding operations and derivative products. Investment Banking and Brokerage This segment includes investment management services and asset management activities related to dealing, managing, arranging, advising and custody of securities, retail investments products, corporate finance and international and local shares brokerage services and insurance. History Banque Saudi Fransi was founded in 1977.
