Wallets/saudi-investment-bank
Saudi Investment Bank
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Overview
Saudi Investment Bank is Saudi commercial bank + Tadawul: 1030 + General Organization for Social Insurance GOSI + Public Investment Fund PIF Saudi state shareholders + specialized in investment banking + corporate banking + wealth management 1, Saudi Arabia report.
History
Jun 23 1976 — The Saudi Investment Bank founded distinctive Saudi commercial banking heritage (one of Saudi Arabia's older commercial banks).
1990 — Saudi Investment Bank Tadawul IPO under ticker 1030.
2014 — Saudi Investment Bank Mobile Banking app launch.
Ownership & operator
Operating entity: The Saudi Investment Bank (Tadawul: 1030; Saudi commercial bank).
Major shareholders: General Organization for Social Insurance GOSI Saudi pension fund + Public Investment Fund PIF Saudi sovereign wealth fund + JPMorgan Chase ~7.5% strategic shareholder + Saudi retail + institutional + foreign investors.
Regulators: SAMA (Saudi Central Bank).
Technical integration
Saudi Investment Bank Mobile Banking app (iOS + Android) + saib.com.sa online + Saudi Investment Bank branch network across Saudi Arabia + Saudi Investment Bank Visa + Mastercard + mada cards; mada + SARIE + SPI.
Implementations & partners
Major Saudi banking + payments competitors: Saudi National Bank (SNB) (Saudi National Bank SNB; Tadawul: 1180; Saudi Arabia's largest commercial bank by assets post-Apr 1 2021 NCB + Samba merger) + Al Rajhi Bank (Al Rajhi Bank; Tadawul: 1120; Saudi Arabia's largest Islamic bank by assets) + Saudi Awwal Bank (SAB) (Saudi Awwal Bank SAB; Tadawul: 1060; HSBC Holdings ~31% strategic investor) + Riyad Bank + Riyad Mobile (Riyad Bank; Tadawul: 1010; one of the five largest Saudi banks by deposits) + Banque Saudi Fransi (BSF Mobile) (Banque Saudi Fransi BSF; Tadawul: 1050; Credit Agricole Corporate and Investment Bank ~31.1% strategic investor) + Alinma Bank (Alinma Bank; Tadawul: 1150; Saudi Islamic banking) + STC Pay (STC Pay; Saudi Telecom Company STC subsidiary) + Bank Albilad (Albilad App) (Bank Albilad; Tadawul: 1140; Saudi Islamic banking) + Bank Aljazira (Saudi Arabia) (Bank Aljazira; Tadawul: 1020; Saudi Islamic banking).
Regulator: SAMA.
Status
Active, Saudi commercial bank + Tadawul:1030 + GOSI + PIF Saudi state shareholders + specialized in investment banking + corporate banking + wealth management 1, 2.
Sources
- 1 Saudi Investment Bank — official
- 2 Saudi Investment Bank — Wikipedia
- Saudi Arabia report In-corpus:
reports/countries/SA-saudi-arabia.md
Source
Biography extracted from saudi-investment-bank.md. See matrix.md for standards-support matrix if present.