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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.
The bank is affiliated with Crédit Agricole Corporate and Investment Bank. 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 total assets of 192,928,881 SR by the end of 2017.
BSF has a banking network of about 120 branches across the Saudi Kingdom and employs over 3,000 staff. The bank's head office is located in Riyadh and the company has three regional offices in Jeddah, Al-Riyadh and Al-Khobar
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 de l'Indochine 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.
