THE MIDDLE EAST’S
45. BSF
Country: Saudi Arabia
Sector: Banks & Financial Services
CEO: Bader Alsalloom
Market Value: $12 billion
BSF provides corporate and commercial banking services across Saudi Arabia following its transition from Banque Saudi Fransi. Net income rose 18% in 2025 to $1.4 billion, with total assets of $82.4 billion. In November 2025, the bank issued a $666.7 million Additional Tier 1 sukuk to strengthen its capital base. Kingdom Holding Company is its largest shareholder, with a 16.2% stake.