Saudi Investment Bank (SAIB) (Arabic ：البنك السعودي للاستثمار） Is The Saudi Joint Stock Company Established By Royal Decree No. M/31, 25 Jumada Al-Thani, Saudi Arabia (equivalent To 23 June 1976). The Bank Commenced Operations In March 1977.
Saudi Investment Bank Has A Group Of Sister Companies, Namely: Saudi Orix Leasing Company And Amlak Global Financial And Real Estate Development Company. As Of 2019, The Bank Operates Through A Network Of 52 Branches, Including 10 Ladies' Branches Distributed Throughout Saudi Arabia. Saudi Investment Bank Is Engaged In Financing Of The Quasi-governmental And Industrial Sectors And Trade Finance Including Import And Export Activities. Through Its (Asala) Program, The Bank Offers Banking Products And Services That Comply With Shariah Law.
Saudi Investment Bank (SIB) Is A Commercial Bank Registered In Saudi Arabia, Established In 1976. The Bank Is Headquartered In Riyadh And Offers A Variety Of Financial Services Primarily To Individual And Corporate Clients. Here Are Some Details About Saudi Investment Bank:
1. Scope Of Business
Services Offered By Saudi Investment Bank Include But Are Not Limited To:
- Personal Banking: Including Savings Accounts, Checking Accounts, Personal Loans, Credit Cards, Etc.
- Corporate Banking: Provides Financing, Cash Management, Trade Finance And Other Services To SMEs And Large Enterprises.
- Investment Services: Provides Investment Consulting, Asset Management, Securities Trading And Other Services.
- Islamic Finance: Financial Products And Services That Follow Sharia Law, Such As Murabaha And Ijara, Among Others.
2. Mission And Vision
The Mission Of Saudi Investment Bank Is To Provide Customers With High-quality Financial Services That Promote Economic Growth And Social Development. Its Vision Is To Become One Of The Leading Financial Services Providers In Saudi Arabia.
3. Market Positioning
Saudi Investment Bank Occupies An Important Position In The Banking Industry In Saudi Arabia And Is Committed To Providing Customers With Innovative Financial Solutions To Meet The Changing Market Needs.
4. Social Responsibility
The Bank Is Actively Involved In Social Responsibility Projects And Supports Areas Such As Education, Health And Community Development, Aiming To Contribute To Society.
5. Technological Innovation
Saudi Investment Bank Is Committed To Digital Transformation, Providing Online Banking Services And Mobile Applications So That Customers Can Conveniently Manage Their Accounts And Transactions.
6. Cooperation And Partnerships
Saudi Investment Bank Establishes Partnerships With Several International And Local Financial Institutions Groups To Expand Its Services And Enhance Customer Experience
