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Live News EQUITY ARTICLE M impact

Saudi PIF Unit Acquires Mortgage Portfolio from Banque Saudi Fransi

The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund (PIF), has acquired a residential mortgage portfolio from Banque Saudi Fransi (BSF). This marks the third such transaction between the two entities.

The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund (PIF), has acquired a residential mortgage portfolio from Banque Saudi Fransi (BSF). SRC and BSF said the deal is the third portfolio acquisition transaction between the two entities.