Keir renews SAR 125.90 million facility: what it means for Banque Saudi Fransi stock

Published on 10/16/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banque Saudi Fransi stock closed at SAR 19.60 on October 16, 2026 on Tadawul. First-half profit reached SAR 2.87 billion, up 4.64 percent.

Renewed financing and October results

Keir International renewed a SAR 125.90 million facility with Banque Saudi Fransi on October 13, 2026.
Banque Saudi Fransi reported SAR 2.87 billion in first-half 2026 net income, up 4.64 percent year over year.
Banque Saudi Fransi is valued at SAR 48.5 billion with a SAR 15.49 to SAR 22.50 52-week range as of October 16, 2026.

Banque Saudi Fransi, SA0007879782, Illustration mit AI erstellt.

Keir International renewed a Sharia-compliant credit facility worth SAR 125.90 million with Banque Saudi Fransi, giving the bank a fresh financing-linked event ahead of its next results. Argaam reported on October 14, 2026 that the agreement was approved and signed on October 13 for a one-year term.

What does the renewal mean?

The facility will support projects, bank guarantees and letters of credit, according to the report. It is an operating financing arrangement rather than a disclosed acquisition or capital raise, so the immediate investor focus stays on the bank's earnings trajectory and the October reporting date.

Profit reached SAR 2.87 billion

Banque Saudi Fransi reported SAR 2.87 billion in net income for the first half of 2026, up 4.64 percent from SAR 2.74 billion a year earlier. Second-quarter net income was SAR 1.49 billion, compared with SAR 1.38 billion in the first quarter of 2026. The figures and reporting periods are listed in the company's market overview at Argaam.

Three dated developments

On January 26, 2026, Banque Saudi Fransi reported SAR 5.35 billion in fiscal-year 2025 net income. On July 20, 2026, first-half net income stood at SAR 2.87 billion, up 4.64 percent year over year. On October 13, 2026, the bank signed the SAR 125.90 million facility renewal with Keir International.

When are results due?

Investing.com lists October 25, 2026 as the next earnings date for Banque Saudi Fransi. The scheduled report will give investors a new data point on profit growth after the first-half increase of 4.64 percent.

Tadawul valuation remains central

Banque Saudi Fransi closed at SAR 19.60 on Tadawul on October 16, 2026. Its market capitalization was SAR 48.5 billion, while the 52-week range was SAR 15.49 to SAR 22.50, according to the same dated market quotation. The bank operates in financial services and regional banking, serving retail, corporate, treasury and investment banking customers.