AB:1180 NATIONAL COMMERCIAL BANK

The National Commercial Bank provides various banking products and services in Saudi Arabia. The company operates through five segments: Retail, Corporate, Treasury, Capital Market, and International. The Retail segment provides banking services, including lending and current accounts, as well as products in compliance with Shariah rules to individuals and private banking customers. The Corporate segment offers various conventional credit-related products and financing products to small sized businesses, medium and large establishments, and companies. The Treasury segment provides a range of treasury and correspondent banking products and services comprising money market and foreign exchange; carries out investment and trading activities; and manages liquidity, market, and credit risks related to investments. The Capital Market segment offers wealth management, asset management, investment banking, and shares brokerage services. The International segment provides banking services outside Saudi Arabia. It also distributes and markets Islamic insurance products; operates a private equity fund; and provides recruitment services. The company operates through 401 branches, 19 retail service centers, 7 corporate service centers, and 150 QuickPay remittance centers in the Kingdom of Saudi Arabia, as well as 1 overseas branch in the Kingdom of Bahrain. The National Commercial Bank was founded in 1953 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

72.00 SAR
As of 01/26/2022


Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  Saudi Arabia
Country of incorporation:  Saudi Arabia
IPO date:  10/25/2016
Stock exchange:    Saudi Stock Exchange
Exchange country:   Saudi Arabia
Market cap:   317,600,432,128 SAR
Current dividend yield:   2.03%
Sedol:      BSHYYN1

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