List of banks in Saudi Arabia explained

In Saudi Arabia, a total of 37 banks are currently licensed by the Saudi Central Bank (SAMA): 11 local banks,[1] 23 branches of foreign banks, and 3 digital banks.[2]

Local Banks

There are 11 local licensed banks in Saudi Arabia:

Bank name (English)Bank name (Arabic)HeadquartersFoundedStock code[3]
البنك الأهلي السعودي1953 1180
البنك السعودي الأول (ساب) Riyadh 1978 1060
البنك السعودي للاستثمار Riyadh 1976 1030
مصرف الإنماء Riyadh 2006 1150
البنك السعودي الفرنسي Riyadh 1977 1050
بنك الرياض Riyadh 1957 1010
مصرف الراجحي Riyadh 1957 1120
البنك العربي الوطني Riyadh 1979 1080
بنك البلاد Riyadh 2004 1140
بنك الجزيرة 1975 1020
بنك الخليج الدولي2017

Foreign Banks

There are 23 foreign licensed banks in Saudi Arabia as of April 2024, which are:

! Country! Bank
BahrainNational Bank of Bahrain (NBB)
ChinaBank of China Limited
ChinaIndustrial and Commercial Bank of China (ICBC)
EgyptBanque Misr
EgyptNational Bank of Egypt
FranceBNP Paribas
GermanyDeutsche Bank
IraqNational Bank of Iraq
IraqTrade Bank of Iraq
JapanMUFG Bank, Ltd.
JordanBank of Jordan
KuwaitNational Bank of Kuwait (NBK)
OmanBank Muscat
OmanSohar International Bank
PakistanNational Bank of Pakistan (NBP)
QatarQatar National Bank (QNB)
SwitzerlandCredit Suisse
TurkeyZiraat Bankası
United Arab EmiratesAbu Dhabi Commercial Bank (ADCB)
United Arab EmiratesEmirates NBD
United KingdomStandard Chartered Bank
United StatesAmerican Express
United StatesJ.P. Morgan Chase

The full and updated list can be seen on www.sama.gov.sa.[4]

Digital Banks

There are 3 licensed digital banks in Saudi Arabia as of April 2024, which are:[5]

See also

References

  1. Web site: Banking Control Local Banks. www.sama.gov.sa. 2021-10-30.
  2. Web site: Banking Control Foreign Banks. www.sama.gov.sa. 2021-10-30.
  3. Web site: Home. Mar 15, 2023.
  4. Web site: Licensed Entities Banks .
  5. Web site: Licensed Entities - Banks . . sama.gov.sa . The Saudi Central Bank . 2024-03-15 .