Sofinco and the Saudi Fransi Bank announce the creation of a new subsidiary in Saudi Arabia: Sofinco Saudi Fransi .

Sofinco Saudi Fransi, the new subsidiary of Sofinco in Saudi Arabia, has just begun operations. With a 50% holding by Sofinco and 50% by the Saudi Fransi Bank, it specializes in the development of funding on the point of sale for the automobile and household goods markets

Sofinco Saudi Fransi distributes a full range of products: Islamic loans, Islamic leaseholds, Islamic multi-plan cards...