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Eye of Riyadh
Eye of Riyadh
The National Commercial Bank (NCB)

The National Commercial Bank (NCB)

Listed in :
Business & Money > Banks

The National Commercial Bank was the first Saudi bank to be licensed in the Kingdom. It is considered the biggest in the Saudi Arabia and a leading financial institution in the Region. The Bank initiated its business under the name of ‘‘The National Commercial Bank’’ following the Royal Decree on 20 Rabi Thani 1373H (26 December 1953). In 1999, the Government through the Ministry of Finance's Public Investment Fund (PIF) acquired a majority holding in the Bank. Financial Indicators: - NCB is the largest Bank in the Arab world. The Bank’s paid-up capital is SR 15,000 million ($ 4,000 millon). - Total assets at year-end 2011 totaled SR 301,198 million ($ 80,320 million). - Net profit for fiscal year 2011 totaled SR 6,012 million ($ 1,603 million). - Shareholders’ equity at year-end 2011 totaled SR 35,585 million ($ 9,489 million). - Return on average Shareholder’s equity for fiscal year 2011 amounted to 18.4%. - Earning per share for fiscal year 2011 amounted to SR 4.02 ($ 1.07). Key Facts & Figures at year-end 2011: - The Bank operates 288 branches across the Kingdom, dedicated exclusively to Islamic Banking services. - The Bank’s customers had surpassed 2.8 million clients. - The Bank employees across the Kingdom had reached a total manpower of 5,879, 90% of which are Saudis. - The Bank has operated 1,791 Automated Teller Machines throughout the Kingdom.

Contact The National Commercial Bank (NCB)

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JERRY PEGUIT LUSDOC Thursday 15 August, 2019 8:46 am
I am asking clearance for coming back to work at the Kingdom of Saudi Arabia for i was hired @ Doungyong Company as QA/QC Electrical Inspector , i am interested to comply my payment obligation with my credit card , i promise to complete my balance payment until before finished my renewable contract (2019-2020) Please consider on this matter. I could be coming to Saudi Arabia within this month of August ,Thank you so much .
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Sandra Ampah Thursday 27 December, 2018 4:00 pm
Can I transfer money to Ghana now

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