Founded in 1977 by a Royal Decree, BSF is one of Saudi Arabia’s leading full-service financial institutions. Headquartered in Riyadh, the Bank operates through 79 branches across the Kingdom, offering personal, wholesale, Islamic, and investment banking services, together with asset management and brokerage through its subsidiaries, BSF Capital and JB.
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79 across the Kingdom |
Fully with digital and |
350+ Strategically placed |
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31,000+ POS terminals
Supporting merchants |
160+ self-service
Enabled for smart transactions, |
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Subsidiaries
Capital
BSF Capital, the Bank’s investment arm, was launched in 2008 and offers asset management, investment banking, and advisory services. Operating under the Capital Market Authority, it serves both institutional and high-net-worth clients with sukuk issuance, IPO advisory, and discretionary portfolios. In addition, BSF Capital provides brokerage services for equity and financial instruments listed on the Saudi Stock Exchange, and supports retail and institutional investors with real-time trading, research, and regulatory-compliant operations.
JB formerly known as Saudi Fransi for Finance Leasing, offers a range of financial solutions including car financing and personal finance loans. It is a digitally focused financing company launched in Saudi Arabia, providing convenient and flexible financing options.
Products
Retail Banking
A comprehensive portfolio of savings, loans, credit cards, and mobile-enabled services for individuals and families, including the BSF Premier segment.
Corporate Banking
End-to-end financing, treasury, trade, and liquidity solutions, now digitally enabled through the Integrated Corporate Portal.
SME Banking
Digitally enabled lending, trade services, and onboarding designed to empower Saudi Arabia’s growing SME sector.
Islamic Banking
Shariah-compliant financing solutions for both retail and corporate clients.
Wealth and Investment Services
Through BSF Capital, clients can access sukuk, IPO advisory, investment, and asset management solutions which are aligned with CMA guidelines.
Digital Banking
BSF Mobile and BSF Global provide a seamless omni-channel experience with real-time services and embedded ESG features.
Employees |
BSF Bank Full-time employees 2,718 (2024: 2,664)
Group Wide Employees |
Saudization 93.3% (2024: 92 %) |
Female workforce 25.3% (2024: 24.4%) |
Future-ready and Digitally trained workforce |
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Financials(FY 2025) |
Total assets X 309.0 billion (2024: X 293.3 billion) |
Growth in assets 5.4% (2024: 15.4%) |
Customer deposits X 195.2 billion (2024: X 185.1 billion) |
Retail customers 1.40 million (2024: 1.34 million) |
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Retail customer growth +4.3% (2024: +6% YoY) |
Loans and advances X 214.9 million (2024: X 204.1 million) |
Total operating income X 10.5 billion (2024: X 9.6 billion) |
Net profit X 5.35billion (2024: X 4.54 billion) |
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Community investment X 10 million (2024: ~X 10.9 million) |
Creditworthiness
A1
[A1 (Stable) in 2024)
A-
[A- (Stable) in 2024]
A-
[A- (Stable) in 2024]
BSF Milestones
- Established by Royal Decree M/23
- Launch of Islamic banking operations
- Listing on Saudi Stock Exchange (Tadawul)
- Launch of first credit card and private banking services
- Launch of BSF Capital (investment arm)
- Entry into SME banking
- Announcement of 5-year digital transformation strategy
- First public ESG disclosures
- Transformation strategy execution begins
- Rollout of digital channels for SME and trade finance clients
- Transformation strategy continues
- Mobile app re-launch with omni-channel integration
- ESG Policy Framework approved by the Board
- Transformation Strategy continues
- Launch of DEI position statement
- Transformation strategy continues
- ESG KPIs set
- Core Banking System upgrade completed
- Achieved 24.4% female workforce participation
- Governance Index Award (5th consecutive year)
- Named one of Forbes’ 30 Most Valuable Banks in the Middle East
- Sustainable Finance Framework developed
- ESG KPIs targets have been set and monitored
- New brand identity launched
- Integrated Corporate Portal becomes fully operational
- Final year of Transformation Strategy
- Transition to BSF 2030 strategy initiated
- National youth employment program expanded
- Record high NPS (retail segment) reflected in strong customer acquisitions
- Governance Index Award (6th consecutive year)
Founded by Royal Decree in 1977, BSF has continuously evolved into one of the Kingdom’s leading financial institutions. From pioneering early banking services to achieving fully integrated digital platforms in 2025, our journey is defined by resilient, sustainable growth.
- Foundational milestones
- Growth and expansion
- Digital and innovation
- Strategic shifts
- Stakeholder and social commitments
- Recognition
- ESG integration