Alturki Holding Announces Strategic Partnership with Banque Saudi Fransi to Empower Supply Chain Growth through Expanded Financing Solutions

Nov 20, 2024

Shell

In alignment with its commitment to proactively contribute to Saudi Arabia's sustainable development and support the Kingdom's Vision 2030, Alturki Holding has announced a strategic partnership with Banque Saudi Fransi. This collaboration aims to provide Alturki’s supply chain network—including vendors, suppliers, and Micro, Small, and Medium Enterprises segments—access to tailored financial solutions, enhancing their growth opportunities and supporting their financial needs.

Through this non-exclusive referral agreement, Alturki Holding will facilitate introductions between its clients and Banque Saudi Fransi, enabling them to explore financing options customized to their unique requirements. This initiative highlights Alturki’s proactive approach to strengthening the financial stability and growth potential of its partners, reinforcing its commitment to Saudi Arabia's Vision 2030 by driving sustainable business development across the region.

“Our partnership with Banque Saudi Fransi strengthens our support for suppliers by providing essential financial solutions that drive sustainable growth,” said Mr. Rami Alturki, President and CEO at Alturki Holding.

Mr. Hisham Al Ghosn, Head of Corporate Banking Group at Banque Saudi Fransi added: “This step reflects our commitment to empowering businesses across Saudi Arabia with customized financing options.”

Through this partnership, Alturki Holding and Banque Saudi Fransi are jointly committed to fostering a robust business environment where vendors and suppliers can thrive, building a foundation for lasting economic progress.

ALTURKI

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