The Saudi National Bank (TADAWUL:1180)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
34.90
-0.05 (-0.14%)
May 7, 2025, 3:17 PM AST

The Saudi National Bank Company Description

The Saudi National Bank, through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

The company offers current, Al Wessam, gold, business, commercial enterprise, and corporate accounts; Shariah-compliant financing solutions, financial solutions to MSMEs, point-of-sale Merchant Financing, personal and lease finance, and residential finance; and corporate finance solutions, including Ijara, Musharaka financing, Project and Structured Finance, Syndications and Placements, and Tawarruq.

It also provides deposit, prepaid, and credit cards; cash management services, such as dividend distribution, payroll, escrow account management, deposit, and debit services; guarantees, fleet leasing, investment products, and digital banking; treasury services, such as foreign currency exchange, money markets, and shariah compliant products; payments and transfers; and trade finance, including documentary collection, export and import letter of credit, letter of guarantees, documentary collection, letter of credit program for Saudi industrial development fund clients.

In addition, it operates as a private equity fund; keeps and manages title deeds and collateralized real estate properties; trades in derivatives and repos/reverse repos activities; sells POS equipment and devices; manages liquidity, market, and credit risks; and provides recruitment services, safety deposit boxes, private banking services, wealth management, asset management, investment banking, and shares brokerage services, as well as correspondent banking products and services, including money market and foreign exchange.

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 1950 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

The Saudi National Bank
Country Saudi Arabia
Founded 1950
Industry Banks - Regional
Sector Financials
Employees 15,679
CEO Tareq Al-Sadhan

Contact Details

Address:
The Saudi National Bank Tower
Riyadh, 13519-6676
Saudi Arabia
Phone 966 9 2000 1000
Website alahli.com

Stock Details

Ticker Symbol 1180
Exchange Saudi Stock Exchange
Fiscal Year January - December
Reporting Currency SAR
ISIN Number SA13L050IE10
SIC Code 6020

Key Executives

Name Position
Tareq Al-Sadhan Chief Executive Officer
Ahmed Ali Al-Dhabi Chief Financial Officer
Abdulbadie Alyafi Head of Investor Relations