How it started
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 September 1989.
In 2012 they launched The Saudi Fransi Lease Finance Company - a subsidiary of Banque Saudi Fransi that provides digital financial solutions.
In June 2012 Fitch Ratings has affirmed Banque Saudi Fransi's (BSF) long-term issuer default rating (IDR) at 'A' with a stable outlook and short-term IDR at 'F1'.
The bank was affiliated with Crédit Agricole Corporate and Investment Bank (2015).
In January 2017 They launched their loyalty rewards program known as Jana (Arabic: جنى ) and later in May they Launched the App for IOS and Android.
From Wikipedia’s article on Banque Saudi Fransi, shared under CC BY-SA 4.0.2