26. Banque Saudi Fransi (BSF)
Sector: Banks & financial services
Chairman: Mazin Abdulrazzak AlRomaih
Market Value: $17.7 billion
Banque Saudi Fransi was known as the French Banque de l’Indochine et de Suez until 1977 when foreign banks in Saudi Arabia were nationalized. The bank has 84 branches and employs more than 3,000 people. Kingdom Holding is the bank’s largest shareholder with a 16.2% stake, followed by Rashed Abdul Rahman AlRashed & Sons Group and Ram Holdings with 9.8% and 9%, respectively. Mazin Abdulrazzak AlRomaih was appointed chairman of the bank in 2022.