Business
BCMGlobal appointed to support the advancement of the National Financing Support Services Company (NFSC) as a best-in-class independent loan servicer in the Kingdom of Saudi Arabia
BCMGlobal, one of Europe's leading independent loan and mortgage servicing firms and an affiliate of LCM Partners, has been appointed to manage the National Financing Support Services Company (NFSC) and to support its advancement into a best-in-class independent loan servicer in the Kingdom of Saudi Arabia.
About this update from Saudi Real Estate Co.
[{"type":"text","content":"LONDON, Nov. 21, 2025 /PRNewswire/ -- BCMGlobal, one of Europe's leading independent loan and mortgage servicing firms and an affiliate of LCM Partners, has been appointed to manage the National Financing Support Services Company (NFSC) and to support its advancement into a best-in-class independent loan servicer in the Kingdom of Saudi Arabia.","length":350,"tagName":"p"},{"type":"text","content":"Established by the Saudi Real Estate Development Fund (REDF) and the Saudi Real Estate Refinance Company (SRC), NFSC plays a central role in strengthening the Kingdom's mortgage and consumer finance sectors. Its mandate supports Saudi Arabia's Vision 2030 objectives to diversify and deepen the national financial system.","length":329,"tagName":"p"},{"type":"text","content":"Building on more than 25 years of experience across Europe, BCMGlobal will deploy a senior team to the Kingdom, including the forthcoming appointment of a Head of Servicing to lead the next phase of NFSC's development. The company will expand its service lines and local footprint, with plans to recruit and build operational capacity in Saudi Arabia. BCMGlobal's remit includes broadening NFSC's servicing capabilities beyond residential mortgages to encompass consumer and commercial loans, while introducing back-up servicing and facility agency services to support the region's evolving financial ecosystem.","length":627,"tagName":"p"},{"type":"text","content":"These developments will provide critical infrastructure for both domestic institutions and international lenders seeking to participate in the Kingdom's rapidly growing financial markets. BCMGlobal has already seen strong early interest from leading global banks and investment houses, reflecting the quality of international engagement being drawn to the Kingdom's financial sector.","length":391,"tagName":"p"},{"type":"text","content":""With over 25 years of experience managing performing, re-performing and non-performing loans, BCMGlobal brings deep operational and data expertise to the Kingdom," said Simon Fitness, Chief Executive Officer of BCMGlobal. "We are committed to embedding ourselves within the local market - both operationally and as an employer - building teams and technology in the Kingdom that deliver world-class servicing aligned with the goals o...