Banque-Saudi-Fransi-bsf

BSFR planning $533m sukuk

: Wednesday, May 14 - 2014 @ 02:06

Banque Saudi Fransi (BSFR), the Saudi lender part-owned by Credit Agricole, is planning to raise about SR2bn ($533m) to boost its capital base, Bloomberg has reported, citing to two people familiar with the matter. The Riyadh-based lender’s investment banking arm, Saudi Fransi Capital, will help arrange the sale of capital-boosting Tier 2 sukuk, the people said. The sale could take place within the next month, according to the people.

Today's Top Stories

Posted by

Wednesday, May 14- 2014 @ 2:06 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services







Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically






JobsVIEW ALL

Search for jobs

Latest Jobs