Edaa implements capital hike for BSF

26/12/2024 Argaam
Logo ofBanque Saudi Fransi (BSF)

Logo of Banque Saudi Fransi (BSF)

The Securities Depository Center Co. (Edaa) implemented today, Dec. 26, the capital increase for Banque Saudi Fransi (BSF) in the accounts of eligible shareholders.

 

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On Dec. 23, BSF shareholders approved the board of directors' recommendation to increase the bank’s capital by 107.41% through the issuance of bonus shares, granting approximately one bonus share for every share held, according to data available with Argaam.

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