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The Saudi Investment Bank (SAIB) is a Saudi Arabian joint stock company established by Royal Decree no. M/31 dated June 23, 1976. The Bank began operations in March 1977. SAIB offers traditional wholesale, retail, and commercial banking products and services in addition to investment banking. In particular, it arranges financing of quasi-government and private industrial sectors, and trade finance products for imports and exports. We have also established successful joint-ventures / subsidiaries to cater to Investment Banking and Share Trading, Asset Management, Leasing, Mortgages, Insurance and Credit Cards.
Investor insights
Funding rounds participated in
$750M sweet spot round size
Investor type
Public Company
Basic info
Industry
Banking
Sectors
Banking
Date founded
1977
Funding rounds raised
Total raised
$750M
from investors over 1 rounds
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The Saudi Investment Bank raised $750M on December 21, 2024