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The Saudi Investment Bank
The Saudi Investment Bank (SAIB) (Arabic: البنك السعودي للاستثمار) was established as a Saudi Arabia, Saudi joint stock, pursuant to Royal Decree No. M/31 of 25 Jumada al-Thani, 1396Hijri year, H (corresponding to June 23, 1976) in the Kingdom of Saudi Arabia. The bank started operations in March 1977. The Saudi Investment Bank has a group of sister companies which are: American Express, Saudi Orix Leasing, and Amlak Global Finance and Real Estate Development. The bank operates through a 52 branch network as at the 2019, including 10 ladies branches distributed throughout the Kingdom of Saudi Arabia. The Saudi Investment Bank engaged in the financing of quasi-governmental and industrial sectors and trade finance that includes import and export activities. Through its (Asala) program the bank provides Sharia-compliant banking products and services. See also * List of banks in Saudi Arabia References {{reflist, 30em Banks of Saudi Arabia 1976 establish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
