Company Information

Get to know Saudi National Bank

The Saudi National Bank (SNB) was formed through the landmark merger of The National Commercial Bank (NCB) and Samba Financial Group in 2021, creating the largest financial institution in the Kingdom of Saudi Arabia. With a strong capital base and a leading position in corporate, retail, and institutional banking, SNB plays a pivotal role in supporting Saudi Arabia's Vision 2030. The bank's mission is to be the premier financial and banking service provider in the region by offering innovative solutions and a superior customer experience to a diverse client base.

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Financial BankingPRIMARY

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Saudi National Bank

Saudi Arabia

Founded in

1953 (73 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.