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The Saudi National Bank (Saudi Arabia)

Main Activities: Commercial Banking
Full name: The Saudi National Bank Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The National Commercial Bank (NCB) is a Saudi bank, headquartered in Jeddah in Saudi Arabia. The bank was incorporated in 1953 and it is considered the first Saudi bank. The bank operated through 329 branches across the country and 2252 ATMs. NCB is not only a leading financial institution in Saudi Arabia but also in the GCC countries. The bank provides a wide range of personal and corporate banking services. Originally the bank’s legal structure was General Partnership then on the date of 1 July 1997 was the Bank’s conversion from a General Partnership to a Saudi Joint Stock Company. NCB has a major role in the Islamic banking and finance. It participated in Shariah compliant financing for several projects through syndicated loans, in addition to this it has several Islamic funds.The bank has received numerous awards from various financial institutions.

Headquarters
King Abdul Aziz Street, P.O. Box 3555 Jeddah
Jeddah; Mecca Region; Postal Code: 21481

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Website: http://www.alahli.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 26, 1953
Key Executives
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Chairperson
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Vice Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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44.29%
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5.36%
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5.18%
Subsidiaries
Al Ahli Insurance Services Marketing Limited
100%
Alahli Outsourcing Company
100%
Co-Invest Offshore Capital Limited (Cocl) (United Kingdom)
100%
Company Performance
Financial values in the chart are available after The Saudi National Bank report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
5.75%
Net Profit (Loss) for the Period
7.69%
Total assets
9.69%
Total equity
5.47%
Total Assets Trend
6.26%
Net Interest Income Trend
N/A

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