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Banque Saudi Fransi Gets Approval for 2.5 Billion Riyal Sukuk

Published: 13/10/2012 10:25:03 AM GMT
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Banque Saudi Fransi (BSFR), partly owned by Credit Agricole SA, said it received approval from the Saudi central bank to issue as much 2.5 billion riyals ($667 million) in sukuk. The Islamic bonds will enhance the bank's capital base and help expand (more)

Banque Saudi Fransi (BSFR), partly owned by Credit Agricole SA, said it received approval from the Saudi central bank to issue as much 2.5 billion riyals ($667 million) in sukuk. The Islamic bonds will enhance the bank's capital base and help expand ...

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