FLIC
Arab News
Saudi Real Estate Refinance Co., Banque Saudi Fransi sign 3rd mortgage portfolio deal
RIYADH: The Saudi Real Estate Refinance Co., or SRC, a Public Investment Fund company, has signed an agreement to acquire a residential mortgage portfolio from Banque Saudi Fransi, known as BSF, marking the third such portfolio purchase between the two companies. The agreement, signed under the patronage of Minister of Municipalities and Housing and SRC Chairman Majid bin Abdullah Al-Hogail, aims to improve the efficiency and sustainability of Saudi Arabia’s mortgage market. BSF Chairman Mazin
1 vote cast by the community
FLIC Trust Score70 / 100
How FLIC Trust Scores workFLIC Trust Scores turn community ratings into a 0–100 signal about how readers assess a story. Fake News votes lower the score, while Liberal, Conservative, and Independent classifications support it. The formula also rewards a balanced split between Liberal and Conservative ratings instead of treating one political viewpoint as automatically more trustworthy. Scores can change as more people vote and represent community judgment, not a factual verdict or substitute for reading the original reporting. Learn more about how FLIC works.
Open in FLIC App
or
Continue on Web