The Saudi National Bank

1180 Tadawul
-

Price History

Company Information

Company Name

The Saudi National Bank

Sector / Industry

Financial Services / Banks - Regional

Country

Saudi Arabia

CEO

Mr. Tareq Abdulrahman Al-Sadhan

Employees

15,679

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.

Address

The Saudi National Bank Tower, Riyadh, Riyadh Province 13519

Key Statistics

Exchange
Tadawul (XSAU)
Currency
Saudi Riyal
ISIN
SA13L050IE10
IPO Date
November 12, 2014
Latest Price Date
Open
SAR
High
SAR
Low
SAR
Close
SAR
Volume
52-Week Range