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Saudi National Bank (SNB)

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Overview

Saudi National Bank (SNB) is Saudi Arabia's largest bank by assets [1, 2, sa-cro]. SNB QuickPay = SNB's flagship remittance + money-transfer app (9-language support; 24/7 availability).

SNB historic post-2021 mega-merger context [3]: April 1, 2021 — NCB (National Commercial Bank) + Samba Financial Group merged to form Saudi National Bank (SNB) — distinctive Saudi mega-bank consolidation creating the largest Saudi bank by assets.

SNB QuickPay features [2]:

  • 9-language support (Arabic + English + Filipino + Urdu + Hindi + Bengali + Indonesian + Sinhala + Malayalam)
  • 24/7 availability — 7 days/week any time of day
  • International remittance focus — Saudi expat-worker remittance corridors

SNB Mobile [4]: SNB's flagship retail mobile-banking app — comprehensive Saudi banking + SNB ecosystem access.

Latest SNB QuickPay version 7.0.20 (December 9, 2025) [1]: Continuous app updates.

History

1953 — National Commercial Bank (NCB) founded as Saudi Arabia's first commercial bank [3].

1980 — Samba Financial Group founded as Saudi American Bank.

April 1, 2021 — NCB + Samba mega-merger [3]: Saudi National Bank (SNB) formed = SA's largest bank by assets.

SNB QuickPay launches as remittance + money-transfer app.

2025 — SNB QuickPay v7.0.18 (May 2025) + v7.0.20 (Dec 9, 2025) [1].

Ownership & operator

Operating entity: Saudi National Bank (SNB) (Tadawul: 1180; post-2021 NCB + Samba merger).

Major shareholders: PIF (Saudi Public Investment Fund; sovereign wealth fund; largest shareholder) + PPA + GOSI + Tadawul public float.

Regulators: SAMA (Saudi Central Bank).

Technical integration

Layer Description
Channels SNB Mobile app (iOS + Android) + SNB QuickPay (iOS + Android; international remittance focus) + SNB cards + SNB branch network + SNB ATMs + SNB Phone Banking + SNB Online
Identifiers Phone + email + card number + Saudi ID
SA rails mada + sarie (Saudi national debit + instant payments)
License Bank (SNB full Saudi banking license; SA's largest by assets)
Sub-products SNB Account + SNB Cards + SNB Credit + SNB Investments + SNB Insurance + SNB for Business + SNB Mobile + SNB QuickPay (remittance) + SNB Phone Banking + SNB Online
9-language support (SNB QuickPay): Arabic + English + Filipino + Urdu + Hindi + Bengali + Indonesian + Sinhala + Malayalam

Users & growth

2025 baseline [1, 3]:

  • SA's largest bank by assets (post-April 1, 2021 NCB + Samba merger)
  • Multi-country presence: SA primary + UAE + Bahrain + Singapore + Korea + Turkey
  • SNB QuickPay: 9 languages + 24/7 availability + continuous app updates (v7.0.20 Dec 9, 2025)
  • Specific SNB Mobile + SNB QuickPay 2025 user numbers: not publicly disclosed in current sources

Use cases

Saudi + multi-country retail + corporate banking via SNB Mobile; SNB QuickPay international remittance + money-transfer (9-language Saudi expat-worker focus); Mada + SARIE Saudi national rails; SNB Investments + Insurance + Business + Phone Banking + Online.

Implementations & partners

Operator: Saudi National Bank (SNB; Tadawul: 1180) — SA's largest bank by assets (post-Apr 1 2021 NCB + Samba merger).

Major shareholders: PIF (Saudi Public Investment Fund; largest) + PPA + GOSI + Tadawul public float.

Major Saudi banking competitors:

  • [[al-rajhi-bank]] (World's largest Islamic bank by market cap + ME's largest retail bank; 18.5M+ customers; 2025 net income SAR 24,792M)
  • [[riyad-bank]] (Riyad Bank; SA major bank)
  • stc-pay (Batch 8 covered; STC Pay / STC Bank)
  • [[hala]] (Batch 13 covered; Saudi SME comprehensive)
  • Banque Saudi Fransi + Arab National Bank + Saudi Investment Bank + Bank AlBilad + Bank AlJazira + Alinma Bank

Regulator: SAMA.

Fun facts

  • Saudi Arabia's largest bank by assets (post-April 1, 2021 NCB + Samba mega-merger).
  • National Commercial Bank (NCB) founded 1953 as SA's first commercial bank.
  • Samba Financial Group founded 1980 as Saudi American Bank.
  • April 1, 2021 — NCB + Samba merger formed Saudi National Bank (SNB) — distinctive Saudi mega-bank consolidation.
  • SNB QuickPay 9-language support (Arabic + English + Filipino + Urdu + Hindi + Bengali + Indonesian + Sinhala + Malayalam) — Saudi expat-worker remittance focus.
  • PIF (Saudi Public Investment Fund) largest shareholder — Saudi sovereign-wealth-fund parent stake.
  • Multi-country: SA + UAE + Bahrain + Singapore + Korea + Turkey.
  • Latest SNB QuickPay v7.0.20 Dec 9, 2025.

Comparison

Feature SNB Mobile + SNB QuickPay [[al-rajhi-bank]] (World's largest Islamic bank by market cap rival) [[riyad-bank]] (SA major bank rival) stc-pay (Batch 8; SA telco-bank rival) [[hala]] (Batch 13; SA SME comprehensive comparable)
Operator Saudi National Bank (SNB; Tadawul: 1180; PIF largest + PPA + GOSI + public float; post-Apr 1 2021 NCB + Samba mega-merger) Al Rajhi Banking and Investment Corporation (Tadawul: 1120; Al Rajhi family + PIF + institutional) Riyad Bank STC Pay (STC Bank subsidiary) Hala (TPG + Sanabil $157M Sep 2025)
Type SA's largest bank by assets + SNB Mobile + SNB QuickPay remittance (9-language) World's largest Islamic bank by market cap + comprehensive Islamic banking mobile experience SA major bank + Riyad Mobile SA telco-bank wallet Saudi SME comprehensive financial infrastructure
Country SA + UAE + BH + SG + KR + TR SA + KW + JO + MY SA primary SA primary Saudi + UAE
Distinctive PIF largest shareholder; Apr 1 2021 NCB + Samba mega-merger; SNB QuickPay 9-language remittance; 24/7 availability; Dec 9 2025 latest app version v7.0.20 World's largest Islamic bank by market cap; 18.5M+ customers; 2024 1B+ app logins; 2025 net income SAR 24,792M; full Shariah compliance SA major bank; Riyad Mobile + Riyad Online Saudi telco-bank Sep 2025 $157M Series B (TPG + Sanabil/Saudi PIF)

Status

Active, Saudi Arabia's largest bank by assets (post-Apr 1, 2021 NCB + Samba mega-merger) [1, 3]:

  • Saudi National Bank (SNB; Tadawul: 1180) since 1953 (as NCB; post-Apr 1, 2021 NCB + Samba merger).
  • SA's largest bank by assets.
  • SNB QuickPay: 9-language support + 24/7 availability + remittance + money-transfer focus; v7.0.20 (Dec 9, 2025).
  • PIF (Saudi sovereign wealth fund) largest shareholder.
  • Multi-country: SA + UAE + Bahrain + Singapore + Korea + Turkey.
  • SAMA regulated.

Sources

Source

Biography extracted from saudi-national-bank.md. See matrix.md for standards-support matrix if present.

source · docs/wallets/saudi-national-bank/index.md