20 Hrs
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مباشر
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Al-Saloum: French Saudi Focuses on Cost Discipline
The French Saudi Bank has reported that the results for the first nine months of 2026 show continued business growth, with profits rising to 4.38 billion SAR—a 7% increase compared to the same period last year. Operating revenues also improved by 6%, reaching 8.42 billion SAR. The bank managed to maintain relative stability in asset quality and risk costs, while implementing its "BSF 2030" strategy, which includes developing services and updating the customer experience. This is exemplified by the opening of the Mirqab branch, a model branch providing an integrated banking experience that combines digital and interactive services. The bank aims to enhance growth and support its clients while maintaining discipline in cost and risk management during the final quarter of the year.
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