# Banque Saudi Fransi (BSF Mobile)

> Source: https://docs.barcoder.ai/docs/wallets/banque-saudi-fransi
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [BSF — official](https://bsf.sa/)

## Overview

**Banque Saudi Fransi (BSF Mobile)** is **Saudi commercial bank** + **Credit Agricole Corporate and Investment Bank ~31.1% strategic investor** + **9M 2025 total assets SAR 314.9B +9% YoY + net income SAR 4,094M +19% + CAR 20.9%** + **May 2025 next-generation banking platform launch via Backbase partnership** <sup>[1][1], [2][2], [Saudi Arabia report](https://docs.barcoder.ai/docs/payments/SA)</sup>. **2025 baseline**: BSF 9M 2025 total assets SAR 314.9B +9% YoY + net income SAR 4,094M (+19%) + CAR 20.9%; **May 2025 next-generation banking platform launch via Backbase partnership supporting real-time payments + mobile applications + seamless omnichannel transactions across retail and corporate segments** distinctive Saudi banking digital modernization.

**Distinctive BSF positioning**:
- **Saudi commercial bank** (Banque Saudi Fransi; Tadawul: 1050; Credit Agricole Corporate and Investment Bank ~31.1% strategic investor)
- **Credit Agricole Corporate and Investment Bank ~31.1% strategic investor** distinctive French-Saudi banking strategic alliance
- **9M 2025 total assets SAR 314.9B +9% YoY** distinctive Saudi banking growth
- **9M 2025 net income SAR 4,094M +19% YoY + CAR 20.9%** distinctive Saudi banking profitability
- **May 2025 next-generation banking platform launch via Backbase partnership** distinctive Saudi banking digital modernization
- **1977 Banque Saudi Fransi founding as joint venture of Credit Agricole + Saudi shareholders** distinctive French-Saudi banking joint venture heritage
- **Heritage rooted in French banking expertise + Vision 2030 + Investment Profile** distinctive Saudi-French banking heritage

## History

**1977 — Banque Saudi Fransi founded as joint venture of Credit Agricole + Saudi shareholders** distinctive French-Saudi banking joint venture heritage.

**2014 — BSF Mobile digital banking application launch** distinctive Saudi mobile banking strategy.

**May 2025 — BSF next-generation banking platform launch via Backbase partnership supporting real-time payments + mobile applications + seamless omnichannel transactions across retail and corporate segments** distinctive Saudi banking digital modernization <sup>[1][1], [2][2]</sup>.

**9M 2025 — BSF total assets SAR 314.9B +9% YoY + net income SAR 4,094M (+19%) + CAR 20.9%** <sup>[3][3]</sup>.

## Ownership & operator

**Operating entity**: **Banque Saudi Fransi** (Tadawul: 1050; Saudi commercial bank; Credit Agricole Corporate and Investment Bank ~31.1% strategic investor).

**Major shareholders**: **Credit Agricole Corporate and Investment Bank (Crédit Agricole French parent; ENXTPA: ACA) ~31.1% strategic investor + Kingdom Holding Company (Prince Al-Waleed bin Talal) + General Organization for Social Insurance GOSI + Saudi public investment fund PIF + Saudi retail + institutional + foreign investors**.

**Regulator**: **SAMA (Saudi Central Bank)**.

## Technical integration

BSF Mobile digital banking application (iOS + Android) + bsf.sa online + BSF branch network Saudi Arabia + BSF Visa + Mastercard + mada cards; mada + SARIE (Saudi Arabian Riyal Interbank Express) + SPI (Saudi Payments Interface for instant payments); **May 2025 next-generation banking platform launch via Backbase partnership supporting real-time payments + mobile applications + seamless omnichannel transactions across retail and corporate segments** distinctive Saudi banking digital modernization + **Users who previously used the old Fransi Mobile/Fransi Plus application are being migrated to the new BSF Mobile users base** distinctive Saudi banking app migration.

## Users & growth

**9M 2025**: BSF total assets SAR 314.9B +9% YoY + net income SAR 4,094M (+19%) + CAR 20.9%.

## Use cases

Saudi Arabian retail + private + SME + wealth + commercial + corporate banking via BSF Mobile + bsf.sa online + BSF branch network Saudi Arabia + Visa/Mastercard/mada cards; mada + SARIE + SPI; **May 2025 next-generation banking platform launch via Backbase partnership supporting real-time payments + mobile applications + seamless omnichannel transactions across retail and corporate segments** distinctive Saudi banking digital modernization.

## Implementations & partners

**Operator**: Banque Saudi Fransi (Tadawul: 1050; Saudi commercial bank; Credit Agricole Corporate and Investment Bank ~31.1% strategic investor); Credit Agricole Corporate and Investment Bank (Crédit Agricole French parent; ENXTPA: ACA) ~31.1% strategic investor + Kingdom Holding Company (Prince Al-Waleed bin Talal) + General Organization for Social Insurance GOSI + Saudi public investment fund PIF + Saudi retail + institutional + foreign investors.

**Credit Agricole strategic alliance partnership**: **Credit Agricole Corporate and Investment Bank (Crédit Agricole French parent; ENXTPA: ACA) ~31.1% strategic investor in Banque Saudi Fransi** distinctive French-Saudi banking strategic alliance.

**Backbase technology partnership**: **May 2025 next-generation banking platform launch via Backbase partnership supporting real-time payments + mobile applications + seamless omnichannel transactions across retail and corporate segments** distinctive Saudi banking digital modernization.

**Major Saudi banking + payments competitors**: [Saudi National Bank (SNB)](https://docs.barcoder.ai/docs/wallets/saudi-national-bank) (Saudi National Bank SNB; Tadawul: 1180; Saudi Arabia's largest commercial bank by assets post-Apr 1 2021 NCB + Samba merger; ~75M customers) + [Al Rajhi Bank](https://docs.barcoder.ai/docs/wallets/al-rajhi-bank) (Al Rajhi Bank; Tadawul: 1120; Saudi Arabia's largest Islamic bank by assets) + [Saudi Awwal Bank (SAB)](https://docs.barcoder.ai/docs/wallets/saudi-awwal-bank) (Saudi Awwal Bank SAB; Tadawul: 1060; post-Jun 16 2019 SABB + Alawwal merger; HSBC Holdings ~31% strategic investor) + [Riyad Bank + Riyad Mobile](https://docs.barcoder.ai/docs/wallets/riyad-bank) (Riyad Bank; Tadawul: 1010; one of the five largest Saudi banks by deposits) + [Alinma Bank](https://docs.barcoder.ai/docs/wallets/alinma) (Alinma Bank; Tadawul: 1150; Saudi Islamic banking) + [STC Pay](https://docs.barcoder.ai/docs/standards/stc-pay) (STC Pay; Saudi Telecom Company STC subsidiary; Western Union strategic partnership; Saudi Arabia's largest mobile wallet by users) + [Bank Albilad (Albilad App)](https://docs.barcoder.ai/docs/wallets/bank-albilad) (Bank Albilad; Tadawul: 1140; Saudi Islamic banking; 680% surge in open-banking transactions; BaaS APIs; 14% mobile app users growth 2023) + [Bank Aljazira (Saudi Arabia)](https://docs.barcoder.ai/docs/wallets/bank-aljazira) (Bank Aljazira; Tadawul: 1020; Saudi Islamic banking; #24 Forbes Middle East 30 Most Valuable Banks 2025) + [Saudi Investment Bank](https://docs.barcoder.ai/docs/wallets/saudi-investment-bank) (Saudi Investment Bank; Tadawul: 1030; Saudi commercial bank).

**Regulator**: SAMA.

## Fun facts

- **Saudi commercial bank** (Banque Saudi Fransi; Tadawul: 1050; Credit Agricole Corporate and Investment Bank ~31.1% strategic investor).
- **Credit Agricole Corporate and Investment Bank ~31.1% strategic investor** distinctive French-Saudi banking strategic alliance.
- **9M 2025 total assets SAR 314.9B +9% YoY** distinctive Saudi banking growth.
- **9M 2025 net income SAR 4,094M +19% YoY + CAR 20.9%** distinctive Saudi banking profitability.
- **May 2025 next-generation banking platform launch via Backbase partnership** distinctive Saudi banking digital modernization.
- **1977 Banque Saudi Fransi founding as joint venture of Credit Agricole + Saudi shareholders** distinctive French-Saudi banking joint venture heritage.
- **Heritage rooted in French banking expertise + Vision 2030 + Investment Profile** distinctive Saudi-French banking heritage.

## Comparison

| Feature | BSF | [Saudi National Bank (SNB)](https://docs.barcoder.ai/docs/wallets/saudi-national-bank) (Saudi National Bank SNB rival; Saudi Arabia's largest commercial bank by assets) | [Al Rajhi Bank](https://docs.barcoder.ai/docs/wallets/al-rajhi-bank) (Al Rajhi Bank rival; Saudi Arabia's largest Islamic bank by assets) | [Saudi Awwal Bank (SAB)](https://docs.barcoder.ai/docs/wallets/saudi-awwal-bank) (Saudi Awwal Bank SAB rival; post-Jun 16 2019 SABB+Alawwal merger; HSBC ~31% strategic investor) | [Riyad Bank + Riyad Mobile](https://docs.barcoder.ai/docs/wallets/riyad-bank) (Riyad Bank rival; one of the five largest Saudi banks by deposits) |
|---|---|---|---|---|---|
| Operator | **Banque Saudi Fransi (Tadawul: 1050; Saudi commercial bank; Credit Agricole Corporate and Investment Bank ~31.1% strategic investor)** | Saudi National Bank (Tadawul: 1180; Saudi Arabia's largest commercial bank by assets post-Apr 1 2021 NCB + Samba merger) | Al Rajhi Bank (Tadawul: 1120; Saudi Arabia's largest Islamic bank by assets) | Saudi Awwal Bank (Tadawul: 1060; Saudi Arabian commercial bank post-Jun 16 2019 SABB + Alawwal Bank merger; HSBC Holdings ~31% strategic investor) | Riyad Bank (Tadawul: 1010; Saudi commercial bank) |
| Type | **Saudi commercial bank + Credit Agricole Corporate and Investment Bank ~31.1% strategic investor + 9M 2025 total assets SAR 314.9B +9% YoY + net income SAR 4,094M (+19%) + CAR 20.9% + May 2025 next-generation banking platform launch via Backbase partnership** | Saudi Arabia's largest commercial bank by assets post-Apr 1 2021 NCB + Samba Financial Group merger + ~75M customers | Saudi Arabia's largest Islamic bank by assets | Saudi Arabian commercial bank + HSBC Holdings ~31% strategic investor + 85% digital adoption in wealth and personal banking | One of the five largest Saudi banks by deposits |
| Country | SA | SA + GB + AE + TR + KR + LB + PK | SA + JO + KW + MY | SA + GB | SA + GB + SG + US + CN |
| Distinctive | **1977 Banque Saudi Fransi founding as joint venture of Credit Agricole + Saudi shareholders; 2014 BSF Mobile digital banking application launch; May 2025 next-generation banking platform launch via Backbase partnership supporting real-time payments + mobile applications + seamless omnichannel transactions across retail and corporate segments; 9M 2025 total assets SAR 314.9B +9% YoY + net income SAR 4,094M +19% + CAR 20.9%** | 1953 National Commercial Bank founding; Apr 1 2021 NCB + Samba Financial Group merger → Saudi National Bank | 1957 Al Rajhi Bank founding by Al Rajhi family | 1978 Saudi British Bank (SABB) founded as joint venture of HSBC + Saudi shareholders; Jun 16 2019 SABB + Alawwal Bank legal merger → Saudi Awwal Bank | 1957 Riyad Bank founding |

## Status

**Active, Saudi commercial bank + Credit Agricole Corporate and Investment Bank ~31.1% strategic investor + 9M 2025 total assets SAR 314.9B +9% YoY + net income SAR 4,094M (+19%) + CAR 20.9% + May 2025 next-generation banking platform launch via Backbase partnership** <sup>[1][1], [2][2], [3][3]</sup>:
- **Banque Saudi Fransi (Tadawul: 1050; Saudi commercial bank; Credit Agricole Corporate and Investment Bank ~31.1% strategic investor)** since 1977 Banque Saudi Fransi founding as joint venture of Credit Agricole + Saudi shareholders + 2014 BSF Mobile digital banking application launch + May 2025 next-generation banking platform launch via Backbase partnership.
- **BSF 9M 2025 total assets SAR 314.9B +9% YoY + net income SAR 4,094M (+19%) + CAR 20.9%**.
- **May 2025 next-generation banking platform launch via Backbase partnership**.
- **SAMA regulated**.

## Sources

[1]: https://bsf.sa/english/banking-with-us/fransi-mobile "BSF Mobile — Banque Saudi Fransi"
[2]: https://vision2030.ai/encyclopedia/bsf-banque-saudi-fransi/ "Banque Saudi Fransi — French Banking Heritage, Vision 2030 & Investment Profile"
[3]: https://en.wikipedia.org/wiki/Banque_Saudi_Fransi "Banque Saudi Fransi — Wikipedia"
[sa-cro]: https://docs.barcoder.ai/docs/payments/SA

- [1] [BSF Mobile — Banque Saudi Fransi][1]
- [2] [Banque Saudi Fransi — French Banking Heritage, Vision 2030 & Investment Profile][2]
- [3] [Banque Saudi Fransi — Wikipedia][3]
- <sup>[Saudi Arabia report](https://docs.barcoder.ai/docs/payments/SA)</sup> In-corpus: `reports/countries/SA-saudi-arabia.md`

## Source

Biography extracted from [banque-saudi-fransi.md](https://docs.barcoder.ai/source/wallets/banque-saudi-fransi). See `matrix.md` for standards-support matrix if present.