Company

The Saudi National Bank

Headquarters: Riyadh, Saudi Arabia

Employees: 16,113

CEO: Mr. Saeed Bin Mohammed A. Al-Ghamdi

Tadawul: 1180 +4.88%

Market Cap

SR254.11 Billion

SAR as of Jan. 1, 2024

US$67.76 Billion

Market Cap History

The Saudi National Bank market capitalization over time

Evolution of The Saudi National Bank market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of The Saudi National Bank

Detailed Description

The Saudi National Bank provides various banking products and services in Saudi Arabia. The company operates through four segments: Retail, Wholesale, Capital Market, and International. The Retail segment provides banking services, including lending and current accounts, as well as products in compliance with Shariah rules to individuals and private banking customers. The Wholesale segment offers various conventional credit-related products and financing products to small sized businesses, medium and large establishments, and companies, as well as various treasury and correspondent banking products and services comprising money market and foreign exchange; carries out investment and trading activities; and manages liquidity, market, and credit risks related to investments. The Capital Market segment offers wealth management, asset management, investment banking, and shares brokerage services. The International segment provides banking services outside Saudi Arabia. It also distributes and markets Islamic insurance products; operates as a private equity and hedge fund; issues bonds; invests in and manages real estate development projects; engages in trading in derivatives and repos/reverse repos activities; and provides recruitment and trade finance services. In addition, the company offers debit and credit cards; online and mobile banking services; safe deposit boxes; and cash management and currency exchange services. It operates through 506 branches, 12 retail service centers, 7 corporate service centers, and 130 QuickPay remittance centers in Saudi Arabia, as well as four overseas branches in the Kingdom of Bahrain, the United Arab Emirates, Qatar, and the Republic of Singapore. The company was formerly known as The National Commercial Bank and changed its name to The Saudi National Bank in April 2021. The Saudi National Bank was founded in 1953 and is headquartered in Riyadh, Saudi Arabia.

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Stocks & Indices

The Saudi National Bank has the following listings and related stock indices.


Stock: Tadawul: 1180 wb_incandescent

Details

Headquarters:

The Saudi National Bank Tower

King Fahd Road 3208 Alaqeeq District Unit No.778

Riyadh, 13519

Saudi Arabia

Phone: 966 11 299 9666

Fax: 966 11 299 9666