Read The Times Australia

Daily Bulletin

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

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS

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.

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.

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.

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.

"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 of Vision 2030."

Paul Burdell, Chief Executive Officer of LCM Partners, added: "Saudi Arabia continues to demonstrate world-class ambition and leadership in developing its financial markets. We are proud to play a supporting role alongside partners such as REDF and SRC, whose vision and commitment to excellence are helping shape a modern and dynamic financial services sector. BCMGlobal's servicing expertise, data capabilities and technology will complement these efforts and contribute to building an institution of enduring strength and capability in the NFSC."

With approximately €45 billion of assets under management and operations across five European jurisdictions, BCMGlobal provides end-to-end loan servicing, portfolio management and data analytics solutions for more than 125 financial institutions. Its appointment to work with NFSC marks a significant milestone in BCMGlobal's international expansion and underlines its role as a strategic partner in the evolution of financial services infrastructure in the Kingdom of Saudi Arabia.

About BCMGlobal

BCMGlobal is one of Europe's leading independent loan and mortgage servicing firms, specialising in end-to-end asset management, loan administration and data-driven servicing technology. Operating across the UK, Ireland, the Netherlands, Italy and Spain, BCMGlobal manages more than €45 billion in assets and provides solutions to over 125 banking and financial institutions. BCMGlobal is part of the LC Financial Holdings group and an affiliate of LCM Partners.

Media Contact:Alison Swonnell Managing Director, Client SolutionsE: ASwonnell@LCMPartners.eu W: www.bcmglobal.com 

 

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/4830291_AE30291_0

Business News

How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

Daily Bulletin - avatar Daily Bulletin

Inside the Icon: The BridgeMuseum Officially Opens at the Sydney Harbour Bridge

A bold new way to experience one of Australia’s most recognisable landmarks has arrived, with BridgeClimb Sydney officially opening the all-new BridgeMuseum.  Located inside the Sydney Harbour Brid...

Daily Bulletin - avatar Daily Bulletin

Is Your Brand Showing Up in AI Search? Most Melbourne Brands Aren't.

The New Front Door Nobody Told You About Something changed. Quietly. Without a press release. The way buyers find businesses in Australia has been rewired. Not replaced, rewired. Google isn't dead...

Daily Bulletin - avatar Daily Bulletin

How Australian Businesses Can Measure SEO ROI

SEO can feel vague when you are staring at a dashboard full of numbers that do not clearly connect to revenue. The key is to measure the right signals in the right order, then tie them back to outcome...

Daily Bulletin - avatar Daily Bulletin

How Commercial Roller Shutters Improve Site Security Without Slowing Operations

Security upgrades can be frustrating when they make everyday work harder. A door that takes too long to open, creates bottlenecks at shift change, or fails at the worst time can turn “better protectio...

Daily Bulletin - avatar Daily Bulletin

Why a Document Destruction Service Still Matters for Modern Businesses

Businesses generate large volumes of information every day, from staff records and contracts to invoices, reports and customer files. While attention often focuses on how documents are stored, the way...

Daily Bulletin - avatar Daily Bulletin

Bicycle Rack Safety and Space-Smart Storage

Bike storage problems usually show up as small annoyances first: tangled handlebars, scratched frames, and bikes that topple when you pull one out. Over time, those issues become safety risks, especia...

Daily Bulletin - avatar Daily Bulletin

How to Tell if a Childcare Centre Is a Good Fit for Your Child

Choosing childcare can feel like you’re making a huge decision with limited information. Tours are short, centres are often on their best behaviour, and your child might act differently in a new space...

Daily Bulletin - avatar Daily Bulletin

Car Import Timeline: What Usually Happens at Each Stage

Importing a car into Australia can feel confusing because multiple agencies and checkpoints are involved, and the timeline is shaped as much by paperwork quality as it is by shipping speed. The most u...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...

What to Ask a Wedding Photographer Before You Book

Booking a wedding photographer can feel deceptively simple: you like the photos, you like the vibe...

Why Stress Relief For Dogs Is Essential For Emotional Balance And Long-Term Wellbeing

Managing emotional health is just as important as physical care when it comes to pets, which is why ...