Saudi National Bank
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Name in Arabic:
البنك الأهلي السعودي
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Country:
Saudi Arabia
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City:
Riyadh
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Capital:
60,000,000,000
Saudi Riyal
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Phone:
+966-92-000-1000
Email:
[email protected]
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Email:
[email protected]
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Website:
http://www.alahli.com
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Founding Date:
26 December 1953
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Company applications:
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Social media
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General information
Saudi National Bank, Saudi Arabia's oldest bank, was established in 1953. It has been listed on the Saudi Stock Exchange (Tadawul) since 2014.
Originally known as the National Commercial Bank, the institution was formed through the merger of Saleh and Abdulaziz Kaki and Salem Bin Mahfouz Company. SNB was the first Saudi bank to issue an investment fund and has been at the forefront of offering a wide range of financial services, including credit cards, electronic banking, Islamic finance, and corporate banking.
The bank has numerous subsidiaries operating in various sectors, such as financial services, real estate, and international markets. Notable subsidiaries include Alahi Capital, Alahi Real Estate Investment Company, and Turkey-based Türkiye Finans Katılım Bankası.
In a significant development in 2021, SNB completed its merger with Samba Financial Group. This merger created one of the largest financial institutions in the Middle East and North Africa region, solidifying SNB's position as a leading banking player in Saudi Arabia.
Manhom lists
The list ranks the 500 largest companies in the Arab world in terms of revenue.
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Deemah Al-Yahya
Member of the Board of Directors
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Tareq Al-Sadhan
CEO and member of the Board of Directors
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Nasser AlFraih
Head of banking and international institutions
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Saeed Al-Ghamdi
Chairman of the Board of Directors
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Ahmed Ali Aldhabi
Group Chief Financial Officer
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Ayman Al Tayyar
Executive Vice President and Head of Private Banking
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