Established in 1976, SAIB began operations in 1977. As of September 2025, it served 955,000 customers through 50 branches. Net profit rose 24.3% to $648.4 million in 2025. In 2025, its subsidiary, Alisthithmar Capital, launched S60 Ventures, a $100 million fintech investment fund. GOSI is the largest shareholder, holding a 25.6% stake as of February 2026.