The Saudi Investment Bank (SAIB) is a public listed company headquartered in Riyadh. The Bank began operations in March 1977 and its shareholders of SAIB include J. P. Morgan Chase, Mizuho Corporate Bank - formerly, The Industrial Bank of Japan, Saudi public and private institutions as well as Saudi Individuals.
SAIB offers traditional wholesale, retail and commercial banking products. In particular, SAIB arranges financing of quasi-government and private industrial sectors and trade finance products for facilitating imports and increasing Saudi exports.
On the retail side SAIB offers a comprehensive range of Sharia compliant products and services including accounts, murabaha investments and personal finance solutions. SAIB also provides a comprehensive range of Treasury and Institutional Banking products and services.
The Bank has an extensive retail distribution network covering all major areas of the Kingdom. The growing network includes 48 branches, 12 ladies’ sections and over 350 ATMs spread across the Kingdom.
SAIB has also established successful joint-ventures / subsidiaries to cater to Investment Banking and Share Trading, Asset Management, Leasing, Mortgages, Insurance and Credit Cards..
Ar Riyad, Saudi arabia
The Saudi Investment Bank
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