Wednesday, September 25, 2019
Top Ten Banks in the Kingdom of Saudi Arabia
The top 10 banks in Saudi Arabia, as per the total assets at the end of the last year. In June 2019, Saudi Arabia's Saudi British Bank and Alawwal Bank merged together, resulting the 3rd biggest bank in the Kingdom with assets of around 68 billion dollars. Most Viewed : Saudi banks warned its customers with online fraudsters
A number of other banks likely to merge in advanced stages, Saudi Arabia's National Commercial Bank (NCB) is aiming to acquire its large competitor Riyad Bank. After combining it would have assets of 182 billion dollars, pushing it into 2nd rank. Recommend : Fines on private companies for delaying dues of employees, refusing Weekly Offs
Top 10 Banks in Saudi Arabia, Based on total assets at the ending of last year :
1. National Commercial Bank (NCB)
Assets in 2018 : 120,858,852 $
Net Profit (2018) : 2,844,108 $
2. Al Rajhi Banking Corporation
Assets in 2018 : 97,298,030 $
Net Profit (2018) : 2,745,339 $
3. Samba Read : Open bank account online with AlBilad Bank
Assets in 2018 : 61,293,997 $
Net Proft (2018) : 1,471,776 $
4. Riyad Bank
Assets in 2018 : 61,283,674 $
Net Profit (2018) : 1,257,397 $
5. Banque Saudi Fransi
Assets in 2018 : 50,701,260 $
Net Profit (2018) : 881,723 $
6. Arab National Bank (ANB)
Assets in 2018 : 47,526,392 $
Net Profit (2018) : 882,552 $
7. Saudi British Bank See Also : Send Money through Enjaz online
Assets in 2018 : 46,533,057 $Net Profit (2018) : 1,315,260 $
8. Alinma Bank
Assets in 2018 : 32,343,479 $
Net Profit (2018) : 671,195 $
9. Saudi Investment Bank
Assets in 2018 : 25,609,081 $
Net Profit (2018) : 388,922 $
10. Alawwal Bank
Assets in 2018 : 21,866,024 $
Net Profit (2018) : 301,399 $
