The National Commercial Bank - Alahlincb

THE FIRST SAUDI BANK
The National Commercial Bank was the first Saudi bank to be licensed in the Kingdom.
It is considered the largest bank in Saudi Arabia and is a leading financial institution in the Region. The Bank initiated its business under the name of ‘‘The National Commercial Bank’’ following the Royal Decree on 20 Rabi Thani 1373H (26 December 1953).

البنك الأول في المملكة
البنك الأهلي التجاري هو أعرق البنوك السعودية، وأحد أبرز المؤسسات المالية في المنطقة و يعتبر أول بنك سعودي النشأة.
بدأ البنك نشاطه بموجب الأمر الملكي السامي في 20 ربيع ثاني 1373 هـ الموافق 26 ديسمبر 1953م.

Founding and Legal Structure:

• The National Commercial Bank was the first Saudi bank to be licensed in the Kingdom. It is considered the largest in the Saudi Arabia and a leading financial institution in the Region. The Bank initiated its business under the name of ‘‘The National Commercial Bank’’ following the Royal Decree on 20 Rabi Thani 1373H (26 December 1953).
• In 1999, the Government through the Ministry of Finance's Public Investment Fund (PIF) acquired a majority holding in the Bank.
• The National Commercial Bank owns 90.71% of NCB Capital, its investment arm the Premier Investment bank in the Kingdom, and owns 65.61% of Türkiye Finans Katılım Bankası (TFKB), the leading participation bank in Turkey.
Financial Indicators:

• NCB is one of the largest Bank in the Arab world. The Bank’s paid-up capital is SR 15,000 million (US$ 4,000 million)
• Total assets at year-end 2012 totaled SR 345,320 million (US$ 92,085 million)
• Net profit for fiscal year 2012 totaled SR 6,453 million (US$ 1,721 million).
• Shareholders’ equity at year-end 2012 totaled SR 39,404 million (US$ 10,508million)
• Return on average Shareholder’s equity for fiscal year 2012 amounted to 17.9%
• Earning per share for fiscal year 2012 amounted to SR4.31 (US$ 1.16)
Key Facts & Figures:

• At year 2012, the Bank operated 512 branches throughout the Kingdom, dedicated exclusively to Islamic Banking services
• At year-end 2012, the Bank’s customers surpassed more than3.3 million clients.
• At year 2012, the Bank employees throughout the Kingdom reached a total manpower of 9,631, 92.1% of which are Saudis.
• At year-end 2012, the Bank has operated 1,960 Automated Teller Machines throughout the Kingdom.
• Over 86% of customer transactions had been successfully executed through alternative delivery channels during fiscal year 2012.

• NCB is considered from among the first Saudi companies that implemented the principle of Corporate Governance and the first bank in Saudi Arabia to receive International Certification on Business Continuity Management.

• The Bank also maintained its leadership in corporate social responsibility. A number of new programs were launched to enhance NCB’s strategic partnerships and geographic coverage. Various initiatives included job opportunity programs that provided entrepreneurs with knowledge, support, and benevolent loans.