Saudi National Bank
Saudi Arabian Bank / From Wikipedia, the free encyclopedia
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Saudi National Bank (SNB), also known as SNB AlAhli (Arabic: البنك الأهلي السعودي), formerly known as The National Commercial Bank (NCB), is the largest commercial bank in Saudi Arabia.[4][5]
Quick Facts Company type, Traded as ...
Company type | Public |
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Tadawul: 1180 | |
ISIN | SA13L050IE10 |
Industry | Finance |
Founded |
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Headquarters | Riyadh, Saudi Arabia |
Number of locations | 502 Branches (2021) 3,770 ATM's (2019) |
Key people |
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Products | Financial services |
Total assets | US$273.9 billion (2022) [3] |
Number of employees | 13,058 (2021) |
Website | SNB Website |
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In April 2021, National Commercial Bank merged with Samba Financial Group under the name of Saudi National Bank.[6][7]
On 27 March 2023, Ammar Abdul Wahed Al Khudairy resigned as the bank's chairman citing personal reasons, two weeks after Al Khudairy stated that SNB would not be acquiring more shares in troubled Swiss bank Credit Suisse due to regulatory constraints, which caused more panic among investors.[8]