Thursday 24 July 2014
 
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Banque

SYZ & Co opens representative office in Dubai

Switzerland-based Banque SYZ & CO has opened a representative office in Dubai for its clientele of institutional and private investors in the GCC.   The new office will operate within the framework of the Dub

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Banque Saudi Fransi to complete $533m sukuk

Banque Saudi Fransi (BSF), the kingdom's fourth-largest listed lender, will complete a SR2 billion ($533 million) capital-boosting sukuk issue by the end of this month, banking sources said on Tuesday.   Pric

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ACWA Power picks adviser for Saudi bourse IPO

Saudi water and power project developer ACWA Power has chosen the investment banking arm of Banque Saudi Fransi to arrange its debut share sale on the kingdom's stock exchange, banking sources said on Thursday.  

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ACWA Power picks adviser for Saudi bourse IPO

Saudi water and power project developer ACWA Power has chosen the investment banking arm of Banque Saudi Fransi to arrange its debut share sale on the kingdom's stock exchange, banking sources said on Thursday.  

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Key equity banker resigns from Saudi Fransi

Amr Al-Jallal, described as a key member of Banque Saudi Fransi's equity capital markets operation, has left the bank to join Saudi Arabian investment firm Jadwa, the head of Fransi's investment bank confirmed. Jallal, who

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Moody’s upgrades Saudi banks’ ratings

Moody's Investors Service has upgraded long-term foreign currency deposit ratings of eight Saudi banks. While affirming their prime-1 short-term rating, the agency upgraded the banks’ rating from A2 to A1. The move followed an earlier upgr

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