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Saudi National Bank
Saudi National Bank is a financial institution founded in 1953 in Riyadh, Saudi Arabia. It offers banking and financial services, including personal and...
Saudi National Bank
Saudi National Bank is a financial institution founded in 1953 in Riyadh, Saudi Arabia. It offers banking and financial services, including personal and business banking, investment solutions, and treasury services. The bank provides a range of products, including accounts, deposits, loans, credit cards, Islamic banking products, digital banking platforms, and trade finance services.
General information
Firm type
Bank / Wealth / Trust
Year founded
2021
Location
Region
Middle East
Country
Saudi Arabia
City
Riyadh
Corporate office
Riyadh, Saudi Arabia
Principals
Tareq Al-Sadhan
Chief Executive Officer
Frequently asked questions
How did Saudi National Bank's asset-management arm originate?
SNB Capital traces its roots to NCB Capital, the investment-banking and asset-management unit of National Commercial Bank, which merged with Samba Financial Group in April 2021 to form Saudi National Bank. The combined entity now operates under the SNB Capital brand, inheriting both banks' institutional investment mandates and client books.
Who runs investment decisions at Saudi National Bank?
Investment operations run through SNB Capital, the bank's dedicated asset-management and investment-banking arm. Tareq Al-Sadhan leads the parent bank as group CEO, while SNB Capital operates under its own management team, with the board chaired by Ammar Alkhudairy.
Is Saudi National Bank a sovereign wealth fund?
No. While the Public Investment Fund holds a significant minority stake in SNB, the bank operates as a listed commercial entity on the Saudi Exchange. Its investment arm, SNB Capital, manages proprietary and third-party institutional assets rather than functioning as a sovereign allocation vehicle.
What is Saudi National Bank's known posture on regional private-market investments?
SNB Capital has participated in landmark Saudi initial public offerings and manages real estate funds and private-market allocations aligned with the kingdom's economic diversification goals. Specific private-market commitments and deployment figures are not publicly disclosed by the bank.
Does Saudi National Bank separate its commercial banking and asset-management governance?
Yes. SNB Capital operates as a distinct regulated entity within the group, with its own Capital Market Authority license in Saudi Arabia. The arm's investment decisions run through SNB Capital's internal investment processes, separate from the parent bank's treasury and lending functions.
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