Banque Saudi Fransi 2023 AR2
The report highlights Banque Saudi Fransi's transformational year in 2023, marked by a record financial performance with an 18% increase in net income to SAR 4.22 billion. The bank successfully upgraded its technology infrastructure, including the implementation of a new Core Banking System, an Integrated Corporate Portal, and an Omnichannel retail platform. On the sustainability front, the bank developed a robust ESG framework, achieving a 17.9% reduction in Scope 1 and Scope 2 emissions and a 17.2% reduction in total water consumption. Additionally, BSF advanced its social responsibility through various community initiatives and partnerships, aligning its strategy with Saudi Arabia's Vision 2030.
Company: Banque Saudi Fransi
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2023
Type: AR2
Pages: 110
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Banque Saudi Fransi
Annual Report
The report highlights Banque Saudi Fransi's transformational year in 2023, marked by a record financial performance with an 18% increase in net income to SAR 4.22 billion. The bank successfully upgraded its technology infrastructure, including the implementation of a new Core Banking System, an Integrated Corporate Portal, and an Omnichannel retail platform. On the sustainability front, the bank developed a robust ESG framework, achieving a 17.9% reduction in Scope 1 and Scope 2 emissions and a 17.2% reduction in total water consumption. Additionally, BSF advanced its social responsibility through various community initiatives and partnerships, aligning its strategy with Saudi Arabia's Vision 2030.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees