THE MIDDLE EAST'S

TOP 30 BANKS 2022

29. Saudi Investment Bank (SAIB)

Country : Saudi Arabia
CEO: Faisal Abdullah Al-Omran
Market value: $5.3 billion
Revenues: $908 million
Profits : $283 million
Assets: $27.1 billion

SAIB provides investment banking services for individuals and companies, as well as stock trading, asset management, leasing, mortgage, and insurance services. The bank operates through 51 branches in Saudi Arabia. The General Organization for Social Insurance is its largest shareholder, with 25.6%.