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SAIB - The Saudi Investment Bank
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SAIB

Official Certification
Saudi Arabia
Business
20 Year
Current Enterprise Rating
5.00
Industry Rating
a

Enterprise Introduction

Full Name Of The Enterprise
Full Name Of The Enterprise
The Saudi Investment Bank
Country
Country
Saudi Arabia
Market Classification
Market Classification
Business
Enterprise Classification
Enterprise Classification
Bank
Registration Time
Registration Time
1976
Business Status
Business Status
Active

The Saudi Investment Bank (SAIB) (Arabic :البنك السعودي للاستثمار) is the Saudi Joint Stock Company established by Royal Decree No. M/31, 25 Jumada al-Thani, Saudi Arabia (equivalent of 23 June 1976). The bank commenced operations in March 1977.

The Saudi Investment Bank has a group of sister companies, namely: Saudi Orix Leasing Company and Amlak Global Financial and Real Estate Development Company. As of 2019, the bank operates through a network of 52 branches, including 10 ladies' branches distributed throughout Saudi Arabia. The Saudi Investment Bank is engaged in financing of the quasi-governmental and industrial sectors as well as trade finance including import and export activities. Through its (Asala) program, the bank offers banking products and services that comply with Shariah law.

Saudi Investment Bank (SIB) is a commercial bank registered in Saudi Arabia, established in 1976. The bank is headquartered in Riyadh and offers a variety of financial services primarily to individual and corporate clients. Here are some details about Saudi Investment Bank:

1. Scope of Business

Services offered by Saudi Investment Bank include but are not limited to:

  • Personal Banking: Including Savings Accounts, Checking Accounts, Personal Loans, Credit Cards, etc.
  • Corporate Banking: Providing financing, cash management, trade finance and other services to SMEs and large enterprises.
  • Investment Services: Providing investment consulting, asset management, securities trading and other services.
  • Islamic Finance: Financial products and services that follow Sharia law, such as Murabaha and Ijara, among others.

2. Mission and Vision

The mission of Saudi Investment Bank is to provide customers with high-quality financial services that promote economic growth and social development. Its vision is to become one of the leading financial services providers in Saudi Arabia.

3. Market Positioning

Saudi Investment Bank occupies an important position in the banking industry in Saudi Arabia and is committed to providing customers with innovative financial solutions to meet the changing market needs.

4. social responsibility

The bank is actively involved in social responsibility projects and supports areas such as education, health and community development, aiming to contribute to society.

5. Technological innovation

Saudi Investment Bank is committed to digital transformation, providing online banking services and mobile applications so that customers can conveniently manage their accounts and transactions.

6. Cooperation and Partnerships

Saudi Investment Bank Establishes Partnerships with Several International and Local Financial Institutions Groups to Expand Its Services and Enhance Customer Experience

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Risk Statement
Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.
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