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In Saudi Arabia, a total of 31 banks are currently licensed by the Saudi Arabian Monetary Authority (SAMA):[1][2] 11 local[2] banks and 20 branches of foreign banks.[1]

There are 11 local licensed banks in Saudi Arabia:[2]

List of local commercial banks

Company name (English) Company name (Arabic) Headquarters Founded Stock code[3]
Saudi National Bank البنك الأهلي السعودي Riyadh 1953 1180
The Saudi British Bank (SABB) البنك السعودي البريطاني (ساب)) Riyadh 1978 1060
Saudi Investment Bank البنك السعودي للاستثمار Riyadh 1976 1030
Alinma bank مصرف الإنماء Riyadh 2006 1150
Banque Saudi Fransi البنك السعودي الفرنسي Riyadh 1977 1050
Riyad Bank بنك الرياض Riyadh 1957 1010
Al Rajhi Bank مصرف الراجحي Riyadh 1957 1120
Arab National Bank البنك العربي الوطني Riyadh 1949 1080
Bank AlBilad بنك البلاد Riyadh 2004 1140
Bank AlJazira بنك الجزيرة Jeddah 1975 1020
Gulf International Bank Saudi Arabia (GIB-SA) بنك الخليج الدولي - السعودية AlKhobar 2019

Foreign banks

There are 20 foreign licensed banks in Saudi Arabia including:[1]

The full and updated list can be seen on www.sama.gov.sa.[5]

See also

References

  1. ^ a b c "Banking Control Foreign Banks". www.sama.gov.sa. Retrieved 2021-10-30.
  2. ^ a b c "Banking Control Local Banks". www.sama.gov.sa. Retrieved 2021-10-30.
  3. ^ "Home". Retrieved Mar 15, 2023.
  4. ^ Cheruppa, Hassan (Aug 10, 2017). "SBI Jeddah to cease operation by 2017 end as SAMA clears the way". Saudigazette. Retrieved Mar 15, 2023.
  5. ^ "Licensed Entities Banks".
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