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Saudi National Bank (SNB; Arabic: البنك الأهلي السعودي), also known as SNB AlAhli, formerly known as The National Commercial Bank (NCB), is the largest commercial bank in Saudi Arabia. [4] [5] In April 2021, National Commercial Bank merged with Samba Financial Group under the name of Saudi National Bank. [6] [7]
In April 2010, the Bank of Kuwait and the Middle East was converted to a fully Sharia-compliant Islamic banking institution, and its name was changed to Ahli United Bank K.S.C. After that, the Group launched Islamic banking services in the first quarter of 2013, through an associate in Oman, Ahli Bank S.A.O.G. The AUB Group launched its Islamic ...
Bank name (English) Bank name (Arabic) Headquarters Founded Stock code [3] Saudi National Bank (SNB) البنك الأهلي السعودي: Riyadh: 1953: 1180 Saudi Awwal Bank (SAB) البنك السعودي الأول (ساب) Riyadh: 1978: 1060 The Saudi Investment Bank (SAIB) البنك السعودي للاستثمار: Riyadh: 1976: 1030 ...
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Citigroup decided to cease its operations from Qatar in 1987, allowing Ahli Bank to purchase all of its assets [2] and start operating as an autonomous entity. [3] Ahli United Bank, Bahrain's largest bank, was the largest shareholder in Ahli Bank. In 2012, Ahli United sold all but 1,000 shares of its stake in the bank. [4]