Saudi National Bank (SNB)

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/