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National Com Bnk(1180)

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.


Keywords: Bank Banking Asset Management Insurance Products Banking Products Investment Banking Mobile Banking Cash Management Wealth Management Banking Services Private Sector Banks In India Trade Finance Services Real Estate Development Projects Alawwal Bank Banque Saudi Fransi Retail Service Centers

Home Page: www.alahli.com

The Saudi National Bank Tower
Riyadh, 13519
Saudi Arabia
Phone: 966 11 299 9666


Officers

Name Title
Mr. Saeed Bin Mohammed A. Al-Ghamdi MD, Group CEO & Director
Mr. Ahmed Ali Eid Al-Dhabi Group Chief Financial Officer
Ms. Sara Abdullatif Nugali Group Chief Operating Officer
Mr. Saleh Mohammed Saleh Group Chief Technology & Digital Officer
Mr. Fouad Bin Abdullah Al Harbi Group Chief Compliance Officer
Mr. Walid Bin Hassan Abdulshakur Group Chief Legal Counsel
Mr. Mutlaq Bin Salim Al Enezi Group Chief HR Officer
Mr. Saud Bajbair Exec. VP and Head of Branch Banking
Mr. Saad A. Al-Abdali Exec. VP and Division Head of Consumer Fin.
Mr. Talal Bin Ahmed Al Khereiji Chief Exec. Officer of Wholesale

Exchange: SR

Country: SA

Currency: Saudi riyal (SR)

Forward PE: 0
Trailing PE: 13.6813
Price-to-Book MRQ: 1.3074
Price-to-Sales TTM: 7.2784
IPO Date:
Fiscal Year End: December
Full Time Employees: 16113
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