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| SAIB office in Khobar, Saudi Arabia |
Saudi Investment Bank (SAIB) is a Saudi Arabian joint stock company. SAIB operates about 50 branches and provides a broad range of wholesale and retail banking products and services in addition to investment banking. With over 1,600 employees, it offers current and savings accounts, salary accounts, call accounts, murabaha deposits, time deposits, credit cards, asset management, mortgage loans, insurance, trade finance, cash management, treasury and institutional banking products. It also offers a full range of sharia compliant products including murabaha investments and personal finance solutions. The company was established on June 23, 1976 and is headquartered in Riyadh. As of March 31, 2017, Saudi Investment Bank had total assets of SAR 97.546 billion, customer deposits of SAR 64.4 billion and loans of SAR 60.3 billion.
Subsidiaries:
Alistithmar Capital
Saudi Investment Real Estate Company
Saudi Investment First Company
Associate companies:
American Express Saudi Arabia (AMEX)
Saudi Orix Leasing Company
Amlak International for Finance and Real Estate Development Co.
SAIB Shareholders:
Public Pension Agency - 17.30%
Hassana Investment Co - 17.30%
Hariri Family - 8.59%
J.P. Morgan International Finance - 7.50%
The National Commercial Bank - 5.20%
Mizuho Corporate Bank Limited - 2.50%
Credit Ratings
| Fitch Ratings | Standard and Poor's | Moody's | |
| Short-term | F2 | A-2 | P-2 |
| Long-term | BBB+ | BBB | A3 |
Head office address:
P.O. Box 3533
Riyadh 11481, K.S.A
Phone number: +966 11 8743000
Fax: +966 11 477 6781
Customer Service: 800-124-8000
SWIFT Code: SIBCSARI
Website: www.saib.com.sa