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The Saudi Investment Bank JSC (Saudi Arabia)

Main Activities: Commercial Banking
Full name: The Saudi Investment Bank JSC Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Saudi Investment Bank started operation in 1977 with the approval of the Saudi central bank, called Saudi Arabian Monetary Agency (SAMA). It offers traditional wholesale, retail and commercial banking products. The traditional wholesale activities are designated in particular to the quasi-government and private industrial entities in order to facilitate imports and increase Saudi exports. In the retail division, the bank offers a comprehensive range of Sharia-compliant products and services, including accounts, murabaha investments and personal finance solutions. SAIB is a publicly listed joint-stock company. Through its subsidiary, Alistithmar Capital, the bank also offers brokerage and arrangement services in addition to asset management and advising.

Headquarters
P.O Box 3533
Riyadh; Al-Riyadh; Postal Code: 11481

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Website: http://www.saib.com.sa

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:
1976
Key Executives
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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
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Director / Member of the Management Board
Ownership Details
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100%
Subsidiaries
Alistithmar For Financial Securities And Brokerage Company
100%
Saib Markets Limited Company (United Kingdom)
100%
Saudi Real Estate Investment Llc
100%
Company Performance
Financial values in the chart are available after The Saudi Investment Bank JSC 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.
Net interest income
20.65%
Operating profit (EBIT)
23.59%
Net Profit (Loss) for the Period
16.83%
Total assets
19.17%
Total equity
-13.52%
Total Assets Trend
11.84%
Net Interest Income Trend
0.25%

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