National Commercial Bank (Alahli Bank)

	Abdullah S. Bahamdan	Mutlaq Abdullah Al-Mutlaq	Abdul-Kareem Abu Al-Nasr

National Commercial Bank (NCB) or Al-Ahli Bank is the largest bank in terms of capital in the Arab world. NCB was established in 1953 by royal decree, and was converted to a joint stock company in 1997. The National Commercial Bank was the first bank established in Saudi Arabia and today is the largest bank in Saudi Arabia with over 300 branches and 1,630 ATMs nationwide. Some of its branches are dedicated exclusively to Islamic banking services. It also has additional branches in Bahrain, Lebanon and the UAE. National Commercial Bank provides a comprehensive range of financial services including personal, commercial, investment and private banking, trade services, wealth management, Islamic banking products, and more. With the changes in the Bank's ownership in 1999, a new Board of Directors was formed under the Chairmanship of Mr. Abdulla Salem Bahamdan. The NCB CEO, Mr. Abdulkareem Abu Alnasr, received top international recognition after being named Saudi Arabia's "Banker of the Year 2009" by the World Finance Magazine.

Key Facts
•    The Bank’s paid-up capital is SR15 billion (US$4.0 billion)
•    Total assets at year-end 2010 - SR282.38 billion (US$75.3 billion)
•    Net profit for fiscal year 2010 - SR4.7 billion (US$1.25 billion)
•    Shareholders’ equity at year-end 2010 - SR31.3 billion (US$8.34 billion)
•    Earning per share for fiscal year 2010 amounted to SR3.16 (US$0.84)
•    At year-end 2010, the Bank’s customers had surpassed 2.3 million customers
•    At year-end 2010, the Bank has operated about 1630 ATMs throughout the country
•    The Bank has 2 international branches in Beirut and Bahrain, and 3 representative offices in London, Seoul, and Singapore
•    Over 90% of customer transactions had been successfully executed through alternative delivery channels during fiscal year 2010
•    NCB has acquired a 64.7% share holding in Türkiye Finans Katılım Bankası, Turkey’s leading Islamic Bank
•   “Best Private Banking in KSA” by Euromoney