Banque Saudi Fransi (1050)

Riyadh – Mubasher: Sure Global Tech Company obtained a SAR 45 million loan, on 12 June 2024, from  Banque Saudi Fransi, according to a bourse disclosure. The sharia-compliant deal, which holds a tenor for one year, is secured by a promissory note …

Abu Dhabi – Mubasher: Abu Dhabi National Energy Company (TAQA), Vision International Investment Company (Vision Invest), and Gulf Investment Corporation (GIC) closed the financing arrangements for the Juranah Independent Strategic Water Reservoir …

Riyadh – Mubasher: The board members of Banque Saudi Fransi and Arabian Contracting Services Company (Al Arabia) proposed a capital hike by granting bonus shares, according to bourse disclosures. The bank will raise its capital through the …

Riyadh – Mubasher: The shareholders of Banque Saudi Fransi approved the board’s recommendation to distribute cash dividends valued at SAR 1.19 billion for the second half (H2) of 2023. The Saudi lender will pay out SAR 1 per share,  representing …

Riyadh – Mubasher: An affiliate company to Sahara International Petrochemical Company (Sipchem) has signed agreements to secure SAR 1.52 billion in financing from Banque Saudi Fransi and Al Rajhi Bank. With an eight-year maturity, the new loan …

Riyadh – Mubasher: Banque Saudi Fransi logged a 6.87% year-on-year (YoY) increase in net profit to SAR 1.15 billion during the first quarter (Q1) of 2024 from SAR 1.07 billion. Clients’ deposits grew 4.42% YoY to SAR 174.82 billion in Q1-24 from …

Riyadh – Mubasher: Eastern Province Cement Company obtained credit facilities at an amount of SAR 1 billion from Banque Saudi Fransi on 20 March 2024. The loan will be used for establishing a new production line in the company’s plant site with a …

Riyadh – Mubasher: Banque Saudi Fransi generated SAR 4.22 billion in net profit during January-December 2023, up 18.12% year-on-year (YoY) from SAR 3.57 billion. The bank posted 9.28% higher clients’ deposits at SAR 172.20 billion in 2023, …

Riyadh – Mubasher: Banque Saudi Fransi began issuing US dollar-denominated certificates for eligible investors in Saudi Arabia and internationally, according to a bourse filing. Under the trust certificate issuance programme, the offering will …

Riyadh – Mubasher: Osool and Bakheet Investment Company signed a facilities amendment agreement with Banque Saudi Fransi at an amount of SAR 50 million. The Sharia-compliant financing deal holds a duration period of 180 days until 31 May 2024, …

Riyadh – Mubasher: Tanmiah Food Company secured a new Long-term credit facility amounting to SAR 450 million from Banque Saudi Fransi on 19 December 2023. Tanmiah will use the financing to back its strategic expansion plans, according to a bourse …

Riyadh – Mubasher: Halwani Bros Company secured a facility deal valued at SAR 150 million from Banque Saudi Fransi on 5 December 2023. The listed company will use the financing to boost its working capital, according to a bourse filing. The …

Riyadh – Mubasher: The net profits of Banque Saudi Fransi hiked by 27.06% year-on-year (YoY) to SAR 3.39 billion in the first nine months (9M) of 2023 from SAR 2.67 billion. The clients’ deposits amounted to SAR 166.36 billion in 9M-23, marking a …

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) has secured a long-term Murabaha facilities agreement at a combined value of SAR 1.05 million, according to a bourse filing. Al Arabia obtained SAR 350 million from Banque Saudi …

Riyadh – Mubasher: Saudi Top Trading Company signed a financing agreement worth SAR 25 million with Banque Saudi Fransi on 28 September 2023, according to a bourse filing. The firm will use a total of SAR 15 million to pay suppliers’ dues, while …

Riyadh - Mubasher: Professional Medical Expertise Company (ProMedEx) has secured a SAR 50 million multi-purpose financing agreement from Banque Saudi Fransi, according to a bourse disclosure.  The funding, which was obtained on 17 September 2023, …

Riyadh – Mubasher: Banque Saudi Fransi witnessed a 25.58% leap in net profit to SAR 2.15 billion during the first half (H1) of 2023, versus SAR 1.71 billion a year earlier. Earnings per share (EPS) stood at SAR 1.70 during January-June 2023, …

Riyadh – Mubasher: East Pipes Integrated Company for Industry has signed a Sharia-compliant working capital facilities agreement with Banque Saudi Fransi on 9 July 2023. The financing is valued at SAR 1.10 billion and holds a duration period of …

Riyadh – Mubasher:  Allianz Saudi Fransi Cooperative Insurance Company inked a contract with Banque Saudi Fransi at a total value of SAR 63.61 million on 1 July 2023. Under the one-year agreement, the listed firm will issue a credit life policy, …

Riyadh – Mubasher:  Saudi Azm for Communication and Information Technology Company has secured a Sharia-compliant facility valued at SAR 22 million from Banque Saudi Fransi. The Tadawul-listed firm will use the proceeds of the loan to issue …

Riyadh – Mubasher: The total value of the dividends approved by Banque Saudi Fransi for 2022 reached SAR 1.98 billion, equivalent to SAR 1.65 per share which represents 16.50% of the share's nominal value. This announcement followed the …

Riyadh – Mubasher: The net profits of Banque Saudi Fransi hit SAR 1.07 billion during the first quarter (Q1) of 2023, an annual rise of 22.97% from SAR 875 million. The earnings per share (EPS) stood at SAR 0.85 in the first three months (3M) of …

Riyadh – Mubasher: Banque Saudi Fransi witnessed a 3.62% year-on-year (YoY) rise in net profit to SAR 3.57 billion in 2022 from SAR 3.45 billion, according to the income statements. Earnings per share (EPS) inched up to SAR 2.79 last year from SAR …

Riyadh – Mubasher: Al Babtain Power and Telecommunication Company penned a long-term banking facility agreement worth SAR 200 million with Banque Saudi Fransi on 19 December 2022. The Islamic tawarruq finance, which is valid for five years, is …

Riyadh – Mubasher: The board of Banque Saudi Fransi recommended cash dividends distribution after Zakat worth SAR 1.07 billion, representing 9% of the capital, for the second half (H2) of 2022. The bank would pay out SAR 0.90 per share for 1.19 …