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LONDON, November 21, 2025 /PRNewswire/ — BCMGlobal, one of Europe’s leading independent loan and mortgage servicing companies and a subsidiary of LCM Partners, has been appointed to manage the National Financing Support Services Company (NFSC) and support its progression to becoming the 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), the NFSC plays a central role in strengthening the Kingdom’s mortgage and consumer credit sectors. His mandate supports Saudi Arabia’s Vision 2030 goals to diversify and deepen the national financial system.
Building on over 25 years of experience across Europe, BCMGlobal will deploy a management team in the Kingdom, including the upcoming appointment of a Head of Services to lead the next phase of NFSC’s development. The company will expand its service lines and local presence, with plans to recruit and strengthen its operational capabilities in Saudi Arabia. BCMGlobal’s mission includes expanding NFSC’s servicing capabilities beyond residential mortgage lending to encompass consumer and commercial lending, while introducing relief and agency services to support the region’s evolving financial ecosystem.
These developments will provide essential infrastructure for both domestic institutions and international lenders seeking to participate in the Kingdom’s rapidly growing financial markets. BCMGlobal has already seen strong interest from leading global banks and investment firms, reflecting the quality of international engagement attracted to the Kingdom’s financial sector.
“With over 25 years of experience managing performing, reproducing and non-performing loans, BCMGlobal brings deep operations and data expertise to the Kingdom,” said Simon Fitness, CEO of BCMGlobal. “We are committed to integrating into the local market – both operationally and as an employer – by building teams and technologies in the Kingdom that deliver world-class service aligned with the goals of Vision 2030.”
Paul Burdell, Chairman and CEO of LCM Partners, added: “Saudi Arabia continues to demonstrate world-class ambition and leadership in the development of 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 to shape a modern and vibrant financial services sector.
With approximately €45 billion in assets under management and operations in five European jurisdictions, BCMGlobal provides end-to-end loan servicing, portfolio management and data analytics solutions to more than 125 financial institutions. His appointment to NFSC marks an important milestone in BCMGlobal’s international expansion and highlights its role as a strategic partner in the evolution of the financial services infrastructure in the Kingdom of Saudi Arabia.
About BCMGlobal
BCMGlobal is one of Europe’s leading independent loan and mortgage servicing companies, specializing in end-to-end asset management, loan administration and data-driven management technology. Operating across the UK, Ireland, the Netherlands, Italy and Spain, BCMGlobal manages over €45 billion in assets and provides solutions to over 125 banking and financial institutions. BCMGlobal is part of the LC Financial Holdings group and is a subsidiary of LCM Partners.
Media Contact:
Alison Swonnell
General Manager, Client Solutions
Email: ASwonnell@LCMPartners.eu
W: www.bcmglobal.com
SOURCE BCMGlobal
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Source: PR Newswire
