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 the country with over 340 branches and over 2,640 ATMs nationwide (March 2015). Some of its branches are dedicated exclusively to Islamic banking services. It also has additional offices in Bahrain, Lebanon, Singapore and South Korea. The company provides a comprehensive range of financial services including personal banking, commercial banking, investment banking, private banking, Islamic banking, online banking, phone banking and mobile banking. NCB was named Best Bank in Saudi Arabia in 2012 by The Banker magazine and Best Islamic Bank by Global Finance.
NCB Subsidiaries: NCB Capital Company, Türkiye Finans Katılım Bankası A.S., Eastgate Capital Holdings Inc., The Capital Partnership Group Limited, Real Estate Development Company.
Firch Ratings (September 2015)
Long-term IDR affirmed at 'A+', Outlook revised to Negative from Stable
Short-term IDR affirmed at 'F1'
Key Facts (2014 FY)
• Total assets - SAR 434.9 billion (US$115.97 billion)
• Paid-up capital - SAR 20.0 billion (US$5.3 billion)
• Net profit - SAR 8.655 billion (US$2.3 billion)
• Shareholders equity - SAR 45.214 billion (US$12.1 billion)
• Customers - over 4.0 million
• Employees – 7,515
Best Private Bank High Net Worth II Clients ($10 million to $30 million) in Saudi Arabia, by Euromoney, 2014.
Islamic Bank of the Year - Saudi Arabia, by The Banker Magazine, 2014.
Best Cash Management, by the Banker Middle East Product Awards KSA 2014.
Best Customer Service – Retail, by the Banker Middle East Product Awards KSA 2014.
Best Domestic Cash Management Bank award in KSA 2014, by the Asian Banker.
Best Bank in Saudi Arabia, by the CPI Financial.
Best Bank in the Middle East, by the CPI Financial during the Banker Middle East 2014 Awards.
King Abdulaziz Street - Down Town (Albalad)
Jeddah, Western Region 21481
Phone number: +966 9 2000 1000
Damascus Highway (Beirut Direction)
Next to Military School, Hazmieh
Phone: + 961 5 954 952
Beirut and Solidere Branch:
Solidere District, Golden Souks Building,
Building D, 2nd Floor
Phone: + 961 1 98 90 44
Diplomat Tower Block 317 Floor 1
315 Road 1705 Diplomatic Area