List of banks in Saudi Arabia
In Saudi Arabia, a total of 38 banks are currently licensed by the Saudi Central Bank (SAMA):[1][2] 11 local banks,[2] 24 branches of foreign banks, and 3 digital banks.[1]
Local and Digital banks
According to the Saudi Central Bank (SAMA), the following are the licensed local and digital banks in Saudi Arabia:[3]
| # | Bank name (English) | Bank name (Arabic) | Headquarters | Founded | Stock code[4] | Category |
|---|---|---|---|---|---|---|
| 1 | Saudi National Bank (SNB) | البنك الأهلي السعودي | Riyadh | 1953 | 1180 | Local Bank |
| 2 | Al Rajhi Bank | مصرف الراجحي | Riyadh | 1957 | 1120 | Local Bank |
| 3 | Riyad Bank | بنك الرياض | Riyadh | 1957 | 1010 | Local Bank |
| 4 | Saudi Awwal Bank (SAB) | البنك السعودي الأول | Riyadh | 1978 | 1060 | Local Bank |
| 5 | Arab National Bank (ANB) | البنك العربي الوطني | Riyadh | 1979 | 1080 | Local Bank |
| 6 | Alinma Bank | مصرف الإنماء | Riyadh | 2006 | 1150 | Local Bank |
| 7 | Banque Saudi Fransi (BSF) | البنك السعودي الفرنسي | Riyadh | 1977 | 1050 | Local Bank |
| 8 | The Saudi Investment Bank (SAIB) | البنك السعودي للاستثمار | Riyadh | 1976 | 1030 | Local Bank |
| 9 | Bank Albilad | بنك البلاد | Riyadh | 2004 | 1140 | Local Bank |
| 10 | Bank Aljazira | بنك الجزيرة | Jeddah | 1975 | 1020 | Local Bank |
| 11 | Gulf International Bank Saudi Arabia (GIB-SA) | بنك الخليج الدولي | Khobar | 2017 | — | Local Bank |
| 12 | D360 Bank | بنك دال ثلاثمائة وستون | Riyadh | 2024 | — | Digital Bank |
| 13 | STC Bank | بنك إس تي سي | Riyadh | 2025 | — | Digital Bank |
| 14 | Vision Bank | بنك فيجن | Riyadh | 2025 | — | Digital Bank |
| 15 | EZ Bank | آيزي بنك | — | — | — | Digital Bank (Not yet operational) |
Foreign banks
There are 24 foreign licensed banks in Saudi Arabia as of November 2025, which are:[1][5]
Digital banks
There are 4 licensed digital banks in Saudi Arabia as of November 2025, which are:[6]
- Vision Bank commenced operations in September 2025.[9]
- EZ Bank received its license in September 2025 but, as of November 2025, has not yet commenced operations.[10][11]
See also
References
- ^ a b c "Banking Control Foreign Banks". www.sama.gov.sa. Retrieved 2021-10-30.
- ^ a b "Banking Control Local Banks". www.sama.gov.sa. Retrieved 2021-10-30.
- ^ "Licensed Banks – Saudi Central Bank". Retrieved 11 November 2025.
- ^ "Main Market Watch – Saudi Exchange". Retrieved 11 November 2025.
- ^ "Licensed Entities Banks".
- ^ "Licensed Entities - Banks". sama.gov.sa. The Saudi Central Bank. Retrieved 2024-03-15.
- ^ "SAMA announces launch of D360 Bank operations in Saudi Arabia". Saudi Press Agency. 17 December 2024. Retrieved 9 November 2025.
- ^ "STC Bank launches operations in Saudi Arabia after receiving green light from SAMA". Fintech Futures. January 2025. Retrieved 9 November 2025.
- ^ "Vision Bank becomes operational with Finastra's cloud-native Islamic banking treasury solution". PR Newswire. 2 September 2025. Retrieved 9 November 2025.
- ^ "Saudi Cabinet approves license for EZ Bank". Al Arabiya. 30 September 2025. Retrieved 9 November 2025.
- ^ "Saudi Central Bank announces licensing of EZ Bank as a new digital bank". Argaam. 30 September 2025. Retrieved 9 November 2025.