Sure! Here’s a quick overview of the Saudi National Bank (SNB):
Overview
- Founded: Established in 1953 as the National Commercial Bank.
- Headquarters: Located in Riyadh, Saudi Arabia.
- Merger: In 2021, SNB was formed through the merger of National Commercial Bank (NCB) and Samba Financial Group, creating one of the largest banks in the region1 5.
Key Services
- Retail Banking: Offers personal banking services, including loans and accounts.
- Corporate Banking: Provides services for businesses, including financing and treasury management.
- Investment Banking: Engages in wealth management, asset management, and investment banking services4 8.
Branch Network
- As of 2023, SNB has around 494 branches within Saudi Arabia and operates in multiple countries through subsidiaries and affiliates2 5.
Financial Performance
- In Q2 2024, SNB reported a net profit of SAR 5.23 billion, reflecting its strong financial health1.
Vision 2030
- SNB plays a significant role in supporting Saudi Arabia’s Vision 2030 by promoting digital transformation, innovation, and sustainable financial growth1.
If you want to know more about a specific aspect, just let me know!
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Saudi National Bank Swift Code
The Swift code for the Saudi National Bank is NCBKSAJEXXX. This code is used for international money transfers and other banking communications.
Breakdown of the Swift Code
- NCBK: Represents the Saudi National Bank.
- SAJE: Indicates the location of the bank.
- XXX: Represents the head office of the bank.
Important Notes
- Each branch of the Saudi National Bank may have its own unique Swift code. It’s advisable to verify the specific code with the bank or your recipient when making international transfers.
- You can also find the Swift code on your bank statement or through online banking services.
If you need further assistance or specific details about a branch, feel free to ask!1 2 3 4