In Saudi Arabia, a total of 39 banks are currently licensed by the Saudi Central Bank (SAMA): 11 local banks, 24 branches of foreign banks, and 4 digital banks.
Local and Digital banks According to the Saudi Central Bank (SAMA), the following are the licensed local and digital banks in Saudi Arabia:
# Bank name (English) Bank name (Arabic) Headquarters Founded Stock code Category 1 Saudi National Bank (SNB) البنك الأهلي السعودي Riyadh 1953 1180 Local Bank 2 Al Rajhi Bank مصرف الراجحي Riyadh 1957 1120 Local Bank 3 Riyad Bank بنك الرياض Riyadh 1957 1010 Local Bank 4 Saudi Awwal Bank (SAB) البنك السعودي الأول Riyadh 1978 1060 Local Bank 5 Arab National Bank (ANB) البنك العربي الوطني Riyadh 1979 1080 Local Bank 6 Alinma Bank مصرف الإنماء Riyadh 2006 1150 Local Bank 7 Banque Saudi Fransi (BSF) البنك السعودي الفرنسي Riyadh 1977 1050 Local Bank 8 The Saudi Investment Bank (SAIB) البنك السعودي للاستثمار Riyadh 1976 1030 Local Bank 9 Bank Albilad بنك البلاد Riyadh 2004 1140 Local Bank 10 Bank Aljazira بنك الجزيرة Jeddah 1975 1020 Local Bank 11 Gulf International Bank Saudi Arabia (GIB-SA) بنك الخليج الدولي Khobar 2017 — Local Bank 12 D360 Bank بنك دال ثلاثمائة وستون Riyadh 2024 — Digital Bank 13 STC Bank بنك إس تي سي Riyadh 2025 — Digital Bank 14 Vision Bank بنك فيجن Riyadh 2025 — Digital Bank 15 EZ Bank آيزي بنك — — — Digital Bank (Not yet operational)
Foreign banks There are 24 foreign licensed banks in Saudi Arabia as of March 2026, which are:
+ Country Bank Bahrain National Bank of Bahrain (NBB) China Bank of China Limited China Industrial and Commercial Bank of China (ICBC) Egypt Banque Misr Egypt National Bank of Egypt France BNP Paribas Germany Deutsche Bank Indonesia Bank Syariah Indonesia Iraq National Bank of Iraq Iraq Trade Bank of Iraq Japan MUFG Bank, Ltd. Jordan Bank of Jordan Kuwait National Bank of Kuwait (NBK) Oman Bank Muscat Oman Sohar International Bank Pakistan National Bank of Pakistan (NBP) Qatar Qatar National Bank (QNB) Switzerland UBS AG Bank (Previously Credit Suisse) Turkey Ziraat Bankası United Arab Emirates Abu Dhabi Commercial Bank (ADCB) United Arab Emirates Emirates NBD United Arab EmiratesFirst Abu Dhabi Bank (FAB) United Kingdom Standard Chartered Bank United States J.P. Morgan Chase
Digital banks There are 4 licensed digital banks in Saudi Arabia as of November 2025, which are:
D360 Bank commenced operations in December 2024.
STC Bank commenced operations in January 2025.
Vision Bank commenced operations in September 2025.
EZ Bank received its license in September 2025 but, as of November 2025, has not yet commenced operations.
See also
List of companies of Saudi Arabia Public Investment Fund
References