Bank Albilad
 |
| Company type | Public company |
|---|---|
| ISIN | SA000A0D9HK3  |
| Industry | Finance |
| Founded | 2004 |
| Headquarters | Riyadh, Saudi Arabia |
Key people | Chairman: Musaed Mohammad Al-Snani |
| Products | Financial Services |
| Total assets | 86,075,431,000 Saudi riyal (2019) |
Number of employees | Unknown |
| Website | www.bankalbilad.com.sa |
Al Bilad Bank (Arabic:بنك البلاد) is the newest name in Saudi Arabia's banking and business world.
Establishment
Bank Albilad is a Saudi joint stock company, established vide Royal Decree 48/M on 21/9/1425H (corresponding to 4 November 2004) with a corporate capital of 3,000,000,000 Saudi Riyals.
Founders
The following are the names of the founding shareholders of Al Bilad Bank
- Mohammad & Abdullah AlSubaiei Exchange Co.
- Heirs of Abdulaziz bin Sulaiman AlMugairin
- AlRajhi Trading Exchange Est.
- AlRajhi Trading Est.
- Mohammad Salih Sayrafi Est.
- Abdulmohsen AlOmari Est.
- Yousef Abdulwahab Numatallah Co.
- Ali Hazaa' & Partners for Trading & Exchange.
After obtaining the approval of BANK ALBILAD’s board of directors, the bank is expected to take-over the banking, exchange and remittance business lines of the founding shareholders. Below is a brief on each of the founders’ businesses:
External links
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