Banks in Saudi Arabia

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Summary #

There are 11 local licensed banks in Saudi Arabia and 20 Foreign banks, wikipedia There are 30 banks in Saudi Arabia.

• Of these, 13 are local and 17 are international, ref

List of local commercial banks

Local Banks #

1. Saudi National Bank
2. Saudi British Bank
3. Saudi Investment Bank
4. Alinma Bank
5. Banque Saudi Fransi
6. Riyad Bank
7. Al Rajhi Bank
8. Arab National Bank
9. Bank Al Bilad
10. Bank Al Jazira
11. Gulf International Bank Saudi Arabia

Foreign Banks #

There are 20 foreign licensed banks in Saudi Arabia including:

1. Bank Muscat
2. BNP Paribas
3. Credit Suisse (Licensed - had not yet started as of 16 January 2020)
4. Deutsche Bank
5. Emirates NBD
6. First Abu Dhabi Bank (FAB)
7. Industrial and Commercial Bank of China (ICBC)
8. J.P. Morgan Chase N.A
9. MUFG Bank, Ltd.
10. National Bank of Bahrain (NBB)
11. National Bank of Kuwait (NBK)
12. National Bank of Pakistan (NBP)
13. Qatar National Bank (QNB)
14. Standard Chartered Bank (Licensed - had not yet started as of 16 January 2020)
15. State Bank of India (SBI) Bank business stopped upon the bank request of license in 2017[4]
16. Trade bank of Iraq (Licensed - had not yet started as of 16 January 2020)
17. Ziraat Bankası

Popular or Top Banks #

• Al Rajhi Bank
• The National Commercial Bank (NCB)
• Riyad Bank
• The Saudi British Bank (SAMBA)

Islamic banks #

• Al-Rajhi Bank Saudi Arabia
• Al Jazeera Bank
• Al-Bilad Bank
• Alinma Bank

Typical Banks fees #

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