|Alinma Bank is licensed to operate in the Saudi financial services sector, a sector that has experienced positive growth in recent years and is vital to the strength of the national economy. It is in this strong economic environment that Alinma Bank will show its competitive advantages in the following areas.|
|Founded in 1957, Al Rajhi Bank is one of the largest Islamic banks in the world with total assets of SR 288 billion (US$ 76.8 bn), a paid up capital of US$4.3 billion and an employee base of over 8,400 associates. With over 50 years of experience in banking and trading activities, the various individual establishments under the Al Rajhi name were merged into the umbrella 'Al Rajhi trading and exchange corporation' in 1978 and it was in 1988 that the bank was established as a Saudi share holding company.|
|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).|
|Bank Albilad is a Saudi joint stock company, established vide Royal Decree 48/M on 21/9/1425H (corresponding to 4 November 2004) with a corporate capital of 5,000,000,000 Saudi Riyals|
|Riyad Bank is one of the largest financial institutions in the Kingdom of Saudi Arabia and the Middle East, with a strong corporate and retail franchise. Mobilizing its substantial capital base and with decades of expertise to assume a leading role in all areas of Saudi finance, Riyad Bank is a leading financier and arranger of syndicated loans in the oil, petrochemicals and most of the Kingdom’s notable infrastructure projects.|
|With assets worth over USD 20 billion, bank muscat is the leading financial services provider in Oman with a strong presence in Corporate Banking, Retail Banking, Investment Banking, Islamic Banking, Treasury, Private Banking and Asset Management. The Bank has the largest network of 138 branches, 431 ATMs, 166 CDMs and more than 9000 PoS terminals.
Saudi Land Transport Co.’s (Mubarrad) appointed on Tuesday Albilad Capital as its financial adviser for the private placement of its 95 percent-owned subsidiary Arabian Security & Safety Services Co. Ltd. (Amnco), Mubarrad said in a statement to Tadawul.
Amnco, which was established in 1984, provides professional security services and integrated cash management solutions in Saudi Arabia.
In January 2015, the transportation and logistics firm acquired a 95 percent stake in Amnco for a total of SAR 180.3 million, according to data available on Argaam.