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Banque Saudi Fransi

 
Hoover's Profile: Banque Saudi Fransi
 
(Saudi Arabian:1050)
Contact Information
Banque Saudi Fransi
Ma'ather Rd.
Riyadh 11554, Saudi Arabia
Tel. +966-1-289-9999
Fax +966-1-404-2311

Type: Public
On the web: http://www.alfransi.com.sa
Employees: 3,000

Banque Saudi Fransi is a commercial bank that serves both domestic and international customers from three main offices and about 75 branches in Saudi Arabia. The bank provides corporate banking services including financing for international trade, contracting, and structured construction and industrial loans. Other enterprise services include capital market and investment banking. It also provides online brokerage and personal banking and investment services. Calyon, a subsidiary of leading global bank Crédit Agricole, owns about 30 % of Banque Saudi Fransi. In 2008 the company formed Caam Saudi Fransi, an asset management joint venture with Crédit Agricole.

Key numbers for fiscal year ending December, 2008:
Sales: $1,405.2M

Officers:
Chairman: Ibrahim Al-Touq
Managing Director: Jean Marion
CFO: Philippe Touchard

Competitors:
Arab National Bank
Riyad Bank
The Saudi British Bank

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