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The Saudi National Bank

1180
SNB
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  • Main Market
  • Banks

Stats Overview

  • Prev. Close 47.20
  • Open 47.10
  • High 47.30
  • Low 46.45
  • No. of Trades 6,876
  • Avg. Trade size* 771
  • Volume Traded 5,304,249
  • Value Traded (SAR) 249,094,564.65

Performance

SNB
0.10 ( 0.21% )
Compare
Index Name Index Level 1D Return
The Saudi National Bank 47.10 0.21%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
47.30
% Change
0.21
Volume Traded
10,000

Best Bid

Price 47.00
Volume Traded 2,000

Best Offer

Price 47.30
Volume Traded 262,926

52 WEEK

High
82.00
2022/05/08
Low
45.75
2022/12/08
Change**
-35.91

PERFORMANCE

Start of Year
50.7
Year ago
73.8
3 Years ago
46.95

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Announcements

  • The Saudi National Bank Announces the Board of Directors' Recommendation to Distribute Cash Dividends to Shareholders for the Second Half of 2022

    1180
    SNB 0.21 %
    1444/06/19     12/01/2023 09:53:49
  • The Saudi National Bank Announces the Board of Directors' Recommendation to Increase the Capital by Granting Bonus Shares to the Shareholders

    1180
    SNB 0.21 %
    1444/06/19     12/01/2023 09:52:54
  • The Saudi National Bank Announces an update on Saudi National Bank announcement of the participation in the capital raising exercise by Credit Suisse Group AG

    1180
    SNB 0.21 %
    1444/05/17     11/12/2022 09:55:10
  • Saudi National Bank Announces its Participation in the Capital Raising Exercise by, and its Intention to Explore Strategic Partnerships with, Credit Suisse Group AG

    1180
    SNB 0.21 %
    1444/04/02     27/10/2022 08:13:17
  • The Saudi National Bank announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )

    1180
    SNB 0.21 %
    1444/03/27     23/10/2022 08:19:27
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Financials

  • Balance Sheet
  • Statement of Income
  • Cash Flow
  • XBRL
  • Detailed Reports and Statements
  • Annually
  • Quarterly
Balance Sheet 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Cash in Bank and SAMA
52,167,422
56,823,677
45,382,209
32,514,075
Due from Banks
40,161,478
13,636,822
16,565,294
15,964,451
Investments
235,689,732
143,169,445
132,975,742
117,998,473
Loans and Advances
495,898,313
346,708,138
282,288,760
265,317,391
Fixed Assets Net
8,814,783
5,842,454
5,496,576
5,347,611
Other Assets Net
76,567,591
31,582,212
23,454,391
16,156,161
Trading Securities
4,850,598
1,683,250
1,100,830
91,735
Total Assets
914,149,917
599,445,998
507,263,802
453,389,897
Due to Banks
115,431,820
75,028,157
62,186,044
45,962,850
Customer Deposits
586,944,381
416,418,721
353,389,315
318,698,791
Other Liabilities
49,004,204
27,784,139
21,900,166
23,059,547
Total Liabilities
751,380,405
519,231,017
437,475,525
387,721,188
Share Capital
108,481,800
30,000,000
30,000,000
30,000,000
General Reserves - - - -
Statutary Reserves
31,262,024
28,369,948
25,650,012
22,894,980
Retained Earnings
21,570,396
19,363,655
12,371,471
12,447,985
Fair Value/Cash Flow Hedges Adj Act
883,722
1,676,493
866,542
-606,048
Shareholders Equity
162,197,942
79,410,096
68,888,025
64,736,917
Total Liabilities and Shareholder Equity
914,149,917
599,445,998
507,263,802
453,389,897
Contra Accounts - - - -
Minority Interests
571,570
804,885
900,252
931,792
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-02-13 2021-02-22 2020-02-06 2019-01-30
Balance Sheet 2022-09-30 2022-06-30 2022-03-31 2021-09-30
Cash in Bank and SAMA
56,280,205
59,412,098
49,629,980
51,720,789
Due from Banks
32,174,736
30,720,056
33,016,197
29,903,167
Investments
249,879,643
245,570,965
239,335,355
230,763,564
Loans and Advances
536,176,174
536,188,564
512,897,591
503,695,963
Fixed Assets Net
9,705,659
9,282,257
8,928,992
9,306,122
Other Assets Net
77,902,102
75,019,457
75,009,915
72,311,222
Trading Securities
2,302,460
2,279,780
2,746,622
5,019,033
Total Assets
964,420,979
958,473,177
921,564,652
902,719,860
Due to Banks
143,527,806
147,233,180
98,760,986
104,104,533
Customer Deposits
596,886,444
593,011,429
604,963,356
589,190,227
Other Liabilities
60,823,818
56,507,555
52,697,489
48,903,010
Total Liabilities
801,238,068
796,752,164
756,421,831
742,197,770
Share Capital
108,481,800
108,481,800
108,481,800
108,481,800
General Reserves - - - -
Statutary Reserves
31,364,343
31,354,329
31,262,024
28,369,948
Retained Earnings
29,203,561
26,360,722
25,841,177
21,774,685
Fair Value/Cash Flow Hedges Adj Act
-6,608,302
-5,209,304
-1,011,730
1,079,384
Shareholders Equity
162,441,402
160,987,547
164,573,271
159,705,817
Total Liabilities and Shareholder Equity
964,420,979
958,473,177
921,564,652
902,719,860
Contra Accounts - - - -
Minority Interests
741,509
733,466
569,550
816,273
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-10-31 2022-08-01 2022-05-12 2021-10-26
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
-
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Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-01-31 عمار عبدالواحد فالح الخضيري Chairman 0.0065878 0.0065878 0
2023-01-31 سعيد محمد على الغامدى Board of Directors 0.0161339 0.0161339 0
2023-01-31 احمد علي عيد الظبي Senior Executives 0.0007287 0.0007287 0
2023-01-31 ابراهيم سعد ابراهيم المعجل Board of Directors 0.0000173 0.0000173 0
2023-01-31 سعيد محمد على الغامدى Senior Executives 0.0161339 0.0161339 0
2023-01-31 عبدالله عبدالرحمن صعينين الرويس Board of Directors 0.0000825 0.0000825 0
  • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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The Saudi National Bank
Price 47.30
Market Cap (SAR MN) 211,809
P/E Ratio 12.33
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Company Profile

Company overview

The Saudi National Bank (SNB) is the largest financial institution in Saudi Arabia and one of the largest powerhouses in the region. SNB plays a vital role in supporting economic transformation in Saudi Arabia by transforming the local banking sector and catalyzing the delivery of Vision 2030 of Saudi Arabia. Its strategy is closely aligned with the programs of the Vision. SNB also leverages its position as the largest institutional and specialized financier in the Kingdom to support the landmark deals and mega projects of the Kingdom. Vision of SNB is to be a premier financial and banking service provider locally and regionally through the fulfilment of strategic aspirations: to be number one in revenues, number one in profit, the best in customer service, the best digital bank, and the employer of choice, and the best Shariah-compliant products service provider in the world. The effort of the Bank to achieve these aspirations is reflected in achieving record annual profits for the eighth consecutive year. SNB seeks to leverage the expanded scale, reach, and digital capabilities to provide enhanced products and deliver unparalleled customer experience. SNB robust balance sheet, resilient business model, and healthy liquidity position enhance the capability of the Bank to compete locally and regionally, and to facilitate trade and capital flows between the Kingdom and regional and global markets. SNB delivers best-in-class digital solutions, drive homeownership through growth in residential finance, foster MSME development and lending, and seeks to be the foremost trusted partner for top-tier Saudi corporates and institutions to support the mega deals and projects of the Kingdom, and to be the biggest provider of Shariah-compliant products for all segments. The Saudi National Bank is a leader in treasury and capital markets, and it owns both NCB Capital and Samba Capital & Investment Management, who, together would form the biggest asset manager, brokerage and investment bank in Saudi Arabia. SNB has a strong international presence in Middle East, South Asia and Turkey, which supports the vision of the Bank to compete regionally and internationally to earn our place as a global leader in financial services. SNB is a committed supporter of Saudization, creating many opportunities for young people and achieving record rates of Saudization. SNB also gives great importance to empowering women, giving them big opportunities to assume leading positions at the Bank. Corporate responsibility is an essential element of SNB corporate culture and business philosophy. Its corporate responsibility strategy focuses on empowering individuals and non-profit organizations, and supporting community activities.

Company History

SNB has been formed after the merger of two big banks; the National Commercial Bank and Samba Financial Group. The National Commercial Bank (NCB) has been considered the largest and the first bank to officially be licensed and operate in Saudi Arabia, following the Royal Decree of the 26th of December 1953, corresponding to 20th of Rabi Al-Thani 1373H, after the merger of Saudi Arabia''s largest currency exchange houses at the time. The Bank established its Shariah Board in 1996, then became a joint stock company in 1997. In 1999, the Saudi Government, represented by the Public Investment Fund, owned majority of the shares of the Bank, whilst the remaining shares were owned by the General Organization for Social Insurance and a number of Saudi investors. In 2014, the Bank initial public offering (25% of the shares the Bank) marked the start of a new era of the history of the Bank. Over 68 years, the Bank has maintained its growth and development, mirroring the progress towards modernity and continuous improvement of the Kingdom. Today, SNB holds a leading position among the financial institutions, meeting their customer needs through outstanding products, services, and innovative solutions, harnessing technology to enhance their experience, and fulfilling their needs of Shariah-compliant products and services. Samba Financial Group is a Saudi leading banking and financial institution. The first branch of Samba was established in 1955 under Citibank name. In 1980, A Royal Decree was issued by which Citibank became the Saudi American Bank, with majority shareholding owned by Saudi. In 1999, Samba merged with United Saudi Bank creating one of the largest financial institutions in the Middle East. The year 2003 witnessed a remarkable milestone for Samba, as it became under full local management and the business was officially renamed Samba Financial Group or Samba. Over the past 40 years, Samba has been offering wide range of banking products and services to retail, corporate, private and investment clients. The Group played a key role in supporting SMEs in Saudi Arabia, and offered its banking services to international clients in different regions around the world. 1st April 2021 was the Legal Day 1 of the Saudi National Bank after the merger between the National Commercial Bank and Samba Financial Group. Riyadh, the capital city of Saudi Arabia, hosts the new headquarters of the Saudi National Bank.

Company Bylaws

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Equity Profile

  • Authorized Capital (SAR) 44,780,000,000
  • Issued Shares 4,478,000,000
  • Paid Capital (SAR) 44,780,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2021-04-05

Investment limits

There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities

 

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established

    1953/12/26

  • Financial Year End

    31/12

  • Listing Date

    2014/11/12

  • External Auditors

    [KPMG Al Fawzan & Partners, Ernst and Young]

  • ISIN CODE

    SA13L050IE10

  • Number of Employees

    -

  • Chairman

    Ammar Abdulwahid Alkhudairy
    Non - Executive

    Ammar Abdulwahid Alkhudairy
    • BD Session Start
      2021-05-15
      Designation
      Chairman
    • BD Session End
      2024-05-14
      Classification
      Non - Executive
    • Qualification
      Master's degree in Engineering Management
  • Board of Directors

    Yazeed Abdulrahman Alhumied Deputy Chairman - Non Executive

    Yazeed Abdulrahman Alhumied
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Deputy Chairman - Non Executive
    • Qualification
      Bachelor's degree in Accounting and Business Administration

    Ibrahim Saad Almojel Non - Executive

    Ibrahim Saad Almojel
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Non - Executive
    • Qualification
      PhD in Management Science and Engineering

    Saeed Mohammed Alghamdi Executive

    Saeed Mohammed Alghamdi
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Executive
    • Qualification
      Bachelor of Science in Computer Science and Engineering

    Saoud Solaiman Aljuhni Non - Executive

    Saoud Solaiman Aljuhni
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Non - Executive
    • Qualification
      Master's degree in Actuarial Science

    Abdulrahman Mohammed Alodan Non - Executive

    Abdulrahman Mohammed Alodan
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Non - Executive
    • Qualification
      Master's degree in Computer Science

    Rashed Ibrahim Sharif Non - Executive

    Rashed Ibrahim Sharif
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Non - Executive
    • Qualification
      Master's Degree of Business Administration (Finance Major)

    Zaid Abdulrahman Algwaiz Independent

    Zaid Abdulrahman Algwaiz
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Independent
    • Qualification
      Bachelor's degree in Accounting

    Ziad Mohammed Maki Altunisi Independent

    Ziad Mohammed Maki Altunisi
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Independent
    • Qualification
      Master's in International Securities, Investment and Banking

    Abdullah Abdulrahman Alrowais Independent

    Abdullah Abdulrahman Alrowais
    • BD Session Start
      2021-05-15
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Independent
    • Qualification
      Master's Degree in Computer an Information Systems

    Huda Mohammed Bin Ghoson Independent

    Huda Mohammed Bin Ghoson
    • BD Session Start
      2022-09-05
      Designation
      Board of Directors
    • BD Session End
      2024-05-14
      Classification
      Independent
    • Qualification
      Master in Business Administration
  • Senior Executives

    Saeed Mohammed Alghamdi CEO

    Saeed Mohammed Alghamdi
    • BD Session Start
      2021-04-01
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CEO
    • Qualification
      Bachelor's in Computer Engineering

    Ahmed Ali Aldhabi CFO

Ahmed Ali Aldhabi
  • BD Session Start
    2021-04-01
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CFO
  • Qualification
    Master of Science in Finance

Investor Relations

Contact Name:

Shareholders Affairs

Company Address:

The Saudi National Bank Tower, King Fahd Road 3208 -Alaqeeq District UnitNo.778 , Zip Code 13519 - Additional No. 6676, Riyadh, Saudi
Arabia

Contact Details:

Telephone: 966118111222
Fax: -
Email: ShareholdersAffairs@alahli.com

Company Website:

www.alahli.com


Name Ob Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
SNB Capital Company (SNBC) 100.00% A Saudi Joint Stock Company registered in the Kingdom of Saudi Arabia to manage the Bank's investment services and asset management activities. Kingdom of Saudi Arabia Kingdom of Saudi Arabia
NCB Capital Dubai Inc. 100.00% An exempt company with limited liability incorporated in the Cayman Islands to source, structure and invest in private equity and real estate development opportunities across emerging markets. Emerging markets with special focus on the Middle East and North Africa Cayman Islands
NCB Capital Real Estate Investment Company (REIC) 100.00% The Company is a special purpose entity registered in the Kingdom of Saudi Arabia. The primary objective of REIC is to hold and register the real estate assets on behalf of real estate funds managed by SNB Capital Company. Kingdom of Saudi Arabia Kingdom of Saudi Arabia
Turkiye Finans Katilim Bankasi 67.03% A participation bank registered in Turkey that collects funds through current accounts, profit sharing accounts and lends funds to consumer and corporate customers, through finance leases and profit/loss sharing partnerships. TFKB fully owns the issued share capital of TF Varlik Kiralama AS, (TFVK) and TFKB Varlik Kiralama A.S., which are special purpose entities (SPEs) established in connection with issuance of sukuks by TFKB. Turkey Turkey
Real Estate Development Company (REDCO) 100.00% A Limited Liability Company registered in the Kingdom of Saudi Arabia. REDCO is engaged in keeping and managing title deeds and collateralised real estate properties on behalf of the Bank. Kingdom of Saudi Arabia Kingdom of Saudi Arabia
AlAhli Insurance Services Marketing Company 100.00% A Limited Liability Company, engaged as an insurance agent for distribution and marketing of Islamic insurance products in Saudi Arabia. The Board of Directors of the subsidiary in their meeting held on 28 January 2021 resolved to liquidate Alahli Insurance Service Marketing Company. As at the reporting date, the required regulatory approvals and the legal formalities in respect of liquidation of the subsidiary are in progress. Kingdom of Saudi Arabia Kingdom of Saudi Arabia
SNB Markets Limited 100.00% A Limited Liability Company registered in the Cayman Islands, engaged in trading in derivatives and Repos/ Reverse Repos on behalf of the Bank. Cayman Islands Cayman Islands
Eastgate MENA Direct Equity L.P. 100.00% A private equity fund domiciled in the Cayman Islands and managed by NCB Capital Dubai. The Funds investment objective is to generate returns via investments in Sharia compliant direct private equity opportunities in high growth businesses in countries within the Middle East and North Africa (MENA). Middle East and North Africa Cayman Islands
AlAhli Outsourcing Company 100.00% A Limited Liability Company registered in the Kingdom of Saudi Arabia, engaged in recruitment services within the Kingdom of Saudi Arabia. Kingdom of Saudi Arabia Kingdom of Saudi Arabia
Samba Bank Limited, Pakistan (SBL) 84.51% A banking company in Pakistan and is engaged in commercial banking and related services and is listed on the Pakistan Stock Exchange During the year ended 31 Dec 2021, the BoD resolved to invite tender bids from interested parties to carry out due diligence procedures to evaluate and pursue potential sale transactions subject to receiving regulatory and shareholder approvals As at the reporting date the fair value less cost to sell of SBL is not materially different from its net asset value Pakistan Pakistan
Co-Invest Offshore Capital Limited (COCL) 100.00% A Limited Liability Company registered in Cayman Islands, engaged in managing certain overseas investments through a fully owned entity, Investment Capital (Cayman) Limited (ICCL). Cayman Islands Cayman Islands
Samba Real Estate Company 100.00% A Limited Liability Company registered in Kingdom of Saudi Arabia, engaged in managing real estate projects on behalf of the Bank. Kingdom of Saudi Arabia Kingdom of Saudi Arabia
Samba Global Markets Limited 100.00% A Limited Liability Company registered in Cayman Islands, engaged in managing certain treasury related transactions. Cayman Islands Cayman Islands
Samba Funding Limited 100.00% A Limited Liability company under the laws of Cayman Islands established with the main objective of generating liquidity for the Bank through issuance of bonds. Cayman Islands Cayman Islands
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