Saudi National Bank
SNB Tower in the King Abdullah Financial District of Riyadh, Saudi Arabia | |
| Company type | Public |
|---|---|
| Tadawul: 1180 | |
| ISIN | SA13L050IE10 |
| Industry | Finance |
| Founded |
|
| Headquarters | Riyadh, Saudi Arabia |
Number of locations | 502 Branches (2021) 3,770 ATM's (2019) |
Key people |
|
| Products | Financial services |
| Total assets | US$273.9 billion (2022) |
Number of employees | 13,058 (2021) |
| Website | SNB Website |
Saudi National Bank (SNB; Arabic: البنك الأهلي السعودي), also known as SNB AlAhli, formerly known as The National Commercial Bank (NCB), is the largest commercial bank in Saudi Arabia.
In April 2021, National Commercial Bank merged with Samba Financial Group under the name of Saudi National Bank.
On 27 March 2023, Ammar Abdul Wahed Al Khudairy resigned as the bank's chairman citing personal reasons, two weeks after Al Khudairy stated that SNB would not be acquiring more shares in troubled Swiss bank Credit Suisse due to regulatory constraints, which caused more panic among investors.