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The Saudi National Bank (1180.SR)

Saudi - Saudi Delayed price. Currency in SAR
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33.95-1.20 (-3.41%)
At close: 03:19PM AST

The Saudi National Bank

The Saudi National Bank Tower
King Abdullah Financial District King Fahd Road 3208 Al Aqeeq District
Riyadh 13519-6676
Saudi Arabia
966 9 2000 1000
https://www.alahli.com

Sector(s)Financial Services
IndustryBanks - Regional
Full-time employees16,084

Key executives

NameTitlePayExercisedYear born
Mr. Tareq Abdulrahman Al-SadhanChief Executive OfficerN/AN/AN/A
Mr. Ahmed Ali Eid Al-DhabiGroup Chief Financial OfficerN/AN/AN/A
Mr. Fouad Bin Abdullah Al HarbiGroup Chief Compliance OfficerN/AN/A1971
Mr. Waleed Bin Hassan AbdulshakoorGroup Chief Legal CounselN/AN/A1968
Hasan Faisal HammadActing Group Chief Human Resources OfficerN/AN/AN/A
Mr. Saud Abdulaziz BajbairGroup Head of Retail BusinessN/AN/AN/A
Mr. Majed Bin Hamdan Al-GhamdiChief Executive Officer of Retail BankingN/AN/AN/A
Mr. Omar bin Soufian YassineGroup Chief Digital OfficerN/AN/AN/A
Mr. Wael bin Abdulaziz RaiesGroup Head of Corporate BusinessN/AN/AN/A
Mr. Saleh Mohammed SalehHead of Group Shared ServicesN/AN/AN/A
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SAR.

Description

The Saudi National Bank, through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia and internationally. The Retail segment provides banking services, including lending and current accounts, as well as products in compliance with Shariah rules to individuals and private banking customers. The Wholesale segment offers conventional credit-related products, as well as financing products to small businesses, and medium and large establishments and companies. This segment also provides treasury, money market, foreign exchange, and investment and trading services, as well as manages liquidity, market, and credit risk. The Capital Market segment offers wealth management, asset management, investment banking, and shares brokerage services for local, regional, and international regions. The International segment provides banking services outside Saudi Arabia. It also issues bonds; operates as a private equity fund; invests and manages real estate development projects; trades derivatives and repos/reverse repos activities; and provides recruitment services. In addition, the company offers debit, offer, cashback, prepaid, corporate, and credit cards; residential, personal, and lease financing; mobile and e-banking services, such as money transfer, currency exchange, and safety deposit box; private banking services; cash management services, such as dividend distribution, payroll, escrow account management, deposit, and debit services; and trade finance services, such as letters of guarantee and letters of credit. It operates through branches, retail service centers, and remittance centers. The company was formerly known as The National Commercial Bank and changed its name to The Saudi National Bank in April 2021. The Saudi National Bank was founded in 1950 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Corporate governance

The Saudi National Bank’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.