The National Commercial Bank (NCB) – AlAhli Bank history, profile and corporate video
The National Commercial Bank (NCB), also known as AlAhli Bank, is a Saudi Arabian bank headquartered in Jeddah, Saudi Arabia.
NCB was the first and the largest Saudi bank to be licensed, following the Royal Decree of the 26th of December 1953, corresponding to the 20th of Rabi Al-Thani 1373H. It was formed as a result of the partnership and merger of Saudi Arabia’s largest currency exchange houses at the time; Mr. Saleh and Abdulaziz Kaki, and the Mr. Salem bin Mahfouz Company.
The company operates through the following segments: Personal Banking, Business Banking, and Investments.
The Personal Banking segment covers accounts & deposits, private banking, credit cards, and credit cards.
The Business Banking segment involves corporate banking, SMEs, trade finance, and cash management.
The Investments segment comprises NCB capital funds, local brokerage, international brokerage, and treasury.
With more than 12 000 employees, the National Commercial Bank (NCB) is considered one of the largest banks by total asset and by market capitalization in Saudi Arabia, and it’s one of the largest Islamic banks in the world in terms of assets. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.alahli.com/en-us/”.
**Video published on YouTube by “The National Commercial Bank – البنك الأهلي التجاري – AlAhliNCB“.