Government Institutions and VRP

Government institutions and VRP aim at providing all business solutions for supporting government institutions and programs in order to achieve their targets related to Saudi Vision 2030. Government institutions relationship manager facilitate the channels for the institutions to reach the Bank's sectors; such as:

- Account Management Services.
- Investment Services.
- Cash Management Services.
- Commercial Banking Services.
- Retail Banking Services.
- In addition to all other banking services provided by the Bank or an affiliated company.

Also, government institutions banking and VRP work with government institutions to develop new programs aiming to facilitate the banking relationship and provide business services to the beneficiaries of government institutions. Some of such programs are stated below.

1. Collaboration Program with Saudi Industrial Development Fund (SIDF):
In Banque Saudi Fransi, we are proud of our productive cooperation with SIDF to improve the local industries by participating in providing credit product to SIDF's customers. The Bank works as an intermediary between customer and SIDF in facilitating and reviewing all documents of shipping, insurance, inspection certificates, and origin certificates. Then, SIDF funds and pays credits payable by customers. In addition, the Bank appoints a relationship manager to manage the account in addition to a full team for dealing and answering all enquiries related to D/C. to submit a funding request, please click here.

2. Collaboration Program with Agricultural Development Fund (ADF):
In Banque Saudi Fransi, we aim by our cooperation with ADF at participating in developing agricultural sector and improving production efficiency by providing short-term credit facilities (12 months) to ADF's eligible customers in order to fund working capital of commercial companies and institutions working in the agricultural field. The Bank studies funding requests referred by ADF and grant credit facilities against financial collateral provided by ADF during the funding term agreed by ADF, Bank, and Customer. In addition, the Bank appoints a relationship manager to manage the account and provide a full package of supporting banking solutions. To submit a funding request, please click here.

3. Program of Cooperation with Tourism Development Fund (TDF):
In Banque Saudi Fransi, we aim by our cooperation with TDF at being one of the first supporters of tourism sector in Saudi Arabia by providing various and flexible funding solutions to meet needs of tourism project developers in all sizes, whether in main or secondary cities, and for all categories of companies working in the tourism sector, including small, medium-sized and large businesses. The Bank grants credit facilities against guarantees provided by TDF during the funding term agreed by Bank, TDF, and Customer. In addition, the Bank appoints a relationship manager to manage the account and provide a full package of supporting banking solutions.

4. Program of Cooperation with Ministry of Finance:
In Banque Saudi Fransi, we aim by our cooperation with Ministry of Finance at supporting private companies that struggle to sustain their business facing temporary financial and commercial difficulties due to various economic circumstances by providing Sharia compliant funding to eligible customers; in addition to providing all supporting banking solutions under the supervision of the Saudi Central Bank. The Saudi Central Bank will provide cash collateral to support such Sharia compliant funding to eligible customers under terms of the agreement made between Ministry of Finance, Bank, and the Customer. Requests regarding any of such programs can also be submitted by filling the following E-Form.

Requests regarding any of such programs can also be submitted by filling the following E-Form.

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for contact and enquiries on the following email: Government_Institution_Group@alfransi.com.sa