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Conventional and Islamic commercial banking services
Overview
The bank was originally founded in 1939 and commenced business as a general partnership company under the name “Saleh and Abdulaziz Kaki and Salem Bin Mahfouz Company”. In 2011, the Saudi government acquired a 79.29% stake in the bank, through the Public Investment Fund (PIF) and General Organization for Social Insurance (GOSI). In 2021, Samba Financial Group was merged into the bank including all rights and assets of the group creating the largest bank in Saudi Arabia under The Saudi National Bank brand.
The bank provides a wide range of personal and corporate banking services inside and outside the Kingdom. The bank also finances projects and offers asset management services through its subsidiary NCB Capital.
Basic Information
City: | Jeddah |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1953 |
Commercial Register: | 4030001588 |
Website: | www.alahli.com |
ShareholdersAffairs@alahli.com | |
Phone | + 966 11 811 1222 |
Fax | - |
Address | Unit No. 778 - National Saudi Bank Tower - King Abdullah Financial Center - King Fahd Road - Al Aqiq District 3208 - Riyadh 13519 |
PO Box | 6676 |
Argaam Classification
Industry Peers
Al Rajhi Bank |
Riyad Bank |
Saudi Awwal Bank |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 3,745.66 |
Free Float % : | 62.43 |
Weight in Index % : | 5.61 |
3M Average Volume : | 4,487,898 |
3M Average Transactions : | 4,648 |
Change(12M) % : | (0.98) |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Saudi National Bank for Finance Limited | Cayman Islands | 100.00 % |
The National Bank of Saudi Arabia for International Markets | Cayman Islands | 100.00 % |
COCL | Cayman Islands | 100.00 % |
Samba Real Estate | Saudi Arabia | 100.00 % |
East Gate MENA | Cayman Islands | 100.00 % |
Al - Ahli Financial Company for Real Estate Investment | Saudi Arabia | 100.00 % |
Al - Ahli Company for external support | Saudi Arabia | 100.00 % |
Al Ahli Insurance Services Marketing | Saudi Arabia | 100.00 % |
Al Ahli Capital - Dubai | Cayman Islands | 100.00 % |
Saudi National Bank Markets | Cayman Islands | 100.00 % |
Real Estate Development -Redco | Saudi Arabia | 100.00 % |
SNB Capital | Saudi Arabia | 100.00 % |
SBL | Pakistan | 84.51 % |
Türkiye Finans Katilim Bankasi A.S,. (TFK) | Turkey | 67.03 % |
Real Estate Commercial Markets | Saudi Arabia | 60.00 % |
Milestones
05-04-2021
01-04-2021
Samba Financial Group was merged into the bank, and the bank name was changed into Saudi National Bank (SNB).
29-03-2007
Raised Capital to SAR 15 bn through issuing 66.6% bonus shares
01-07-1997
The bank was converted from a general partnership company to a joint stock company
30-03-1997
The Bank was established as a general partnership company
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