In October 2018, we announced our decision to recommend a merger with SABB, creating a bank that’s in tune with the transformation happening in the Kingdom. We will become a larger, more powerful banking franchise that will create more opportunities for customers and help drive growth in the Kingdom.
As the Kingdom’s very first bank, we have proudly supported generations of loyal customers. We can look back on a history of innovation that has brought many positive changes - from issuing Saudi Arabia’s first currency, to facilitating payment of the first oil export and leading the banking industry’s digital transformation.
The merger creates a fantastic opportunity to build upon our legacy of innovation. Pooling the talent and resources of two of the Kingdom’s most experienced banks will empower us to bring about even greater change.
The merger will create an exciting bank for the future, with lots for customers to look forward to.
We want to create the best place to bank in the Kingdom – and we want you to be part of it.