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Friday 22 Aug 2008
 

About Us

The Saudi Investment Bank (SAIB) is a Saudi Arabian joint stock company established by Royal Decree no. M/31 dated June 23, 1976. The Bank began operations in March 1977.

The shareholders of the Bank, a publicly listed company, include J. P. Morgan Chase, Mizuho Corporate Bank - formerly, The Industrial Bank of Japan, Saudi public and private institutions as well as Saudi Individuals.

SAIB offers traditional wholesale, retail and commercial banking products and services in addition to investment banking. In particular, it arranges financing of quasi-government and private industrial sectors and trade finance products for imports and for the increasing Saudi exports.

SAIB is wholly committed to the promotion of private industrial and commercial sectors and is actively supporting several major projects.

On the retail side, SAIB is the lead player in providing brokerage services in the Saudi equities market with attractive and efficient customer lounges in several branch locations dedicated to this investment activity.

SAIB also acts on behalf of its private banking customers as an international brokerage intermediary including options, foreign exchange, precious metals and other Treasury products.

SAIB has established an identity for itself a competitive market as a quality alternative to the larger institutions, with products and services specifically tailored for sophisticated corporate and private banking customers.