According to data from 2015, the Saudi Arabian bank Al Rajhi Bank is the largest Islamic bank in the world by capital. With about SR 330.5 billion in AUM ($88 billion) and more than 600 branches, the bank is one of the largest joint-stock enterprises in the Kingdom and a significant player in Saudi Arabia's economy. It has six regional offices in addition to its corporate office in Riyadh. In addition to having locations in Kuwait and Jordan, Al Rajhi Bank also has subsidiaries in Malaysia and Syria. The market value of Al Rajhi Bank is SR 302.80 billion.

Al Rajhi Bank's market cap was $80.77 billion as of April 2023. Al Rajhi Bank is now the 167th most valuable firm in the world based on market cap. The most recent financial reports for Al Rajhi Bank show that the company's current revenue (TTM) is $7.61 billion. The company generated $6.84 billion in revenue in 2021, an increase from $5.51 billion in 2020.

Founded: 1957
Headquarters: Riyadh, Saudi Arabia
Website: www.alrajhibank.com.sa

The biggest commercial bank in Saudi Arabia is called the Saudi National Bank (SNB). National Commercial Bank and Samba Financial Group combined to form Saudi National Bank in April 2021. Two weeks after Al Khudairy announced that the SNB would not be buying more shares in the ailing Swiss bank Credit Suisse owing to regulatory restrictions, which increased investor angst, Al Khudairy resigned as the bank's chairman on March 27, 2023, claiming personal reasons.

The Saudi National Bank's market capitalization as of April 2023 was $59 billion. By market capitalization, the Saudi National Bank is now the 256th most valuable firm in the world. The company's current revenue (TTM) is $9.07 billion, according to the most recent financial records provided by the Saudi National Bank. The corporation generated $7.81 billion in revenue in 2021, an increase from $5.85 billion in 2020.

Founded: December 26, 1953
Headquarters: Riyadh, Saudi Arabia
Website: https://alahli.com/

One of Saudi Arabia's biggest financial organizations, Riyad Bank, is fourth in terms of assets. It was founded in 1957. 51% of the company's stock is held by the Saudi government. The Saudi Central Bank oversees Riyad Bank, along with all other commercial banks in Saudi Arabia. Using the Gemalto digital security system, Riyad Bank introduced contactless payment wristbands in March 2018.

The country's largest lenders by assets, National Commercial Bank (NCB) and Riyad Bank, began early talks over a merger plan in December 2018. After three weeks, Riyad Bank recruited Goldman Sachs to provide advice on the merger, which would result in the creation of the largest bank in the kingdom with combined assets of $182 billion.

In April 2023, the market capitalization of Riyad Bank was $25.21 billion. By market cap, this places Riyad Bank as the 694th most valuable corporation in the world. The most recent financial reports from Riyad Bank show that the company's current revenue (TTM) is $3.54 billion. The company generated $3.08 billion in revenue in 2021, an increase from $2.95 billion in 2020.

Founded: 1957
Headquarters: Riyadh, Saudi Arabia
Website: www.riyadbank.com

A minority share in Saudi Awwal Bank (SAB), a Saudi joint stock company with headquarters in Riyadh, is held by British banking giant HSBC Holdings PLC. The British Bank of the Middle East, which HSBC bought in 1959, is where the bank got its start. SABB was established in 1978 to oversee HSBC branches and assets in Saudi Arabia due to prohibitions on foreign ownership of banks in the nation.

SAB has approximately eighty branches around Saudi Arabia and one in London, England. It is one of the top five Saudi banks by deposits. Due to recent adjustments to the Vision 2030 economic reforms, SABB announced in May 2018 that it intended to merge with Alawwal Bank, marking the first merger in the Saudi banking sector in 20 years.

The Saudi British Bank has a market valuation of $20.00 billion as of April 2023. By market capitalization, the Saudi British Bank is now the 852nd most valuable corporation in the world. The Saudi British Bank's most recent financial reports indicate that the business's current revenue (TTM) is $2.59 billion. The company's revenue in 2021 was $2.13 billion, down from $2.39 billion in 2020.

Founded: January 21, 1978
Headquarters: Riyadh, Saudi Arabia
Website: www.sabb.com

Alinma Bank was founded in accordance with Royal Decree No. M/15 from March 28, 2006, and Ministerial Resolution No. 42 from March 27, 2007. Alinma Bank is a Saudi joint stock enterprise. With a nominal value of SAR 10 per share and a share capital of SAR 20 billion, the bank was founded. There were 1.5 billion shares issued. There are more than 2,658 workers at the business.

The Saudi Arabian Public Investment Fund (PIF), the Saudi Arabian Public Pension Agency (PPA), and the Saudi Arabian General Organization for Social Insurance (GOSI) are Alinma Bank's founding shareholders. With equal shares, they collectively account for 30% of the bank's share capital. In April 2008, the remaining 70% of the bank's shares were put up for subscription by the general public.

Alinma Bank's market capitalization as of April 2023 was $16.81 billion. Alinma Bank is now the 997th most valuable corporation in the world according to market capitalization. The most recent financial reports from Alinma Bank show that the company's current revenue (TTM) is $2.12 billion. The company generated $1.77 billion in revenue in 2021, up from $1.53 billion in 2020.

Founded: 2006
Headquarters: Riyadh, Saudi Arabia
Website: www.alinma.com

Incorporated in 1977, Banque Saudi Fransi (BSF) is a Saudi joint-stock enterprise. The Crédit Agricole Corporate and Investment Bank is connected to the bank. A full-fledged part of the Crédit Agricole Group, the second-largest bank in France and the seventh-largest bank by total equity in the Eurozone, is Credit Agricole CIB. The total assets of Banque Saudi Fransi were 178 billion SAR as of 2019.

Over 3,000 people work for BSF, which operates a banking network with about 120 branches throughout the Saudi Arabian Kingdom. The corporation has three regional offices in Jeddah, Riyadh, and Khobar, in addition to the bank's corporate office in Riyadh.

The market capitalization of Banque Saudi Fransi as of April 2023 is $12.37 billion. By market capitalization, Banque Saudi Fransi is now the 1251st most valuable corporation in the world. The most recent financial reports from Banque Saudi Fransi show that the company's current revenue (TTM) is $2.13 billion. The company generated $1.93 billion in revenue in 2021, up from $1.89 billion in revenue in 2020.

Founded: June 4, 1977
Headquarters: Riyadh, Saudi Arabia
Website: www.alfransi.com.sa

The bank opened its doors in 2004. Significant investors include the brothers Mohammed and Abdullah Ibrahim Al Subeaei. The bank completely replaced all of its ATMs in 2009. A Saudi joint-stock business with its main office in Riyadh is called Bank Albilad.

By issuing shares at a ratio of one for three, its shareholders approved an increase in capitalization to 10 billion Saudi Riyals in May 2022. The Bank Albilad's remittance division is called Enjaz Banking Services. The board of directors chose Nasser Mohammed Al-Subeaei as chairman and Fahd Abdullah Bindekhayel as vice chairman in February 2021.

Bank Albilad's market capitalization as of April 2023 is $10.92 billion. By market cap, Bank Albilad is now the 1373rd most valuable firm in the world. The most recent financial reports from Bank Albilad show that the company's current revenue (TTM) is $1.37 billion. The company generated $1.22 billion in revenue in 2021, an increase from $1.13 billion in 2020.

Founded: 4 November 2004
Headquarters: Riyadh, Saudi Arabia
Website: https://www.bankalbilad.com

The ANB is a significant Saudi Arabian bank with headquarters in Riyadh that is traded on the Saudi Stock Exchange. It has an "A" rating from Standard and Poor's and is one of the ten biggest banks in the Middle East. In Saudi Arabia, it has 156 locations. With 40% of the fund, Arab Bank is its largest shareholder. Prince Khalid, the son of Prince Turki bin Abdulaziz, is one of the group's founders.

Early on, the governments of Kuwait and Saudi Arabia each acquired modest shares in ANB, totaling around 10%. Despite this and having a pan-Arab orientation, ANB was nevertheless subject to the restriction on foreign ownership. It gave its six branches to the recently established ANB in 1980.

The market capitalization of Arab National Bank as of April 2023 was $10.80 billion. By market capitalization, Arab National Bank is now the 1384th most valuable company in the world. The most recent financial reports from Arab National Bank show that the company's current revenue (TTM) is $1.82 billion. The company generated $1.53 billion in revenue in 2021, a decline from $1.55 billion in revenue in 2020.

Founded: 1979
Headquarters: Riyadh, Saudi Arabia
Website: www.anb.com.sa

According to Royal Decree No. M/31 issued by the Kingdom of Saudi Arabia on June 23, 1976 (equivalent to 25 Jumada al-Thani, 1396 H), the Saudi Investment Bank (SAIB) was founded as a Saudi joint stock company. The operation of the bank began in March 1977.

Amlak Global Finance and Real Estate Development, Saudi Orix Leasing, and American Express are a group of sister companies that make up the Saudi Investment Bank. As of 2019, the bank had a 52-branch network, including 10 ladies-only branches spread around the Kingdom of Saudi Arabia. The Saudi Investment Bank participated in trade finance, which covers import and export operations as well as the financing of industrial and quasi-governmental sectors. The bank offers banking services and products that adhere to Sharia law through its Asala program.

Saudi Investment Bank's market capitalization as of April 2023 is $4.49 billion. Saudi Investment Bank is now the 2535th-most valuable corporation in the world, according to market valuation. The most recent financial reports from Saudi Investment Bank indicate that the company's current revenue (TTM) is $0.87 billion. The company's revenue in 2021 was $0.73 billion, down from $0.75 billion in 2020.

Founded: June 23, 1976
Headquarters: Riyadh, Saudi Arabia
Website: https://www.saib.com.sa

A Saudi Arabian financial organization with its corporate seat in Jeddah is known as Bank Aljazira, sometimes known as BAJ. The establishment of Bank Aljazira as a Saudi joint-stock corporation was authorized by Royal Decree No. 46/M, which was issued on June 21, 1975. After acquiring the National Bank of Pakistan's Saudi Arabian branches, the bank started operating on October 9, 1976.

In 2010, the groundwork for future expansion and diversification of the bank's products and services was laid, helping to reduce the risks associated with relying on one or two sources of income.

Bank AlJazira's market cap was $4.11 billion as of April 2023. By market capitalization, Bank Al Jazira is now the 2664th most valuable corporation in the world. The most recent financial reports from Bank AlJazira show that the company's current revenue (TTM) is $0.91 billion. The company generated $0.94 billion in revenue in 2021, up from $0.87 billion in revenue in 2020.

Founded: 1975
Headquarters: Jeddah, Saudi Arabia

Website: www.baj.com.sa