The Saudi Investment Bank (SAIB) - Logotype

The Saudi Investment Bank (SAIB)

The Bank commenced business in 1977, pursuant to a Royal decree dated June 22, 1976. It concentrated on medium-term financing of industrial projects. In 1983, with the adoption of the SAIB name, the Bank moved into full commercial banking. The ALASALAH Islamic Banking Brand, through which the Bank provides Shariah complaint products and services was launched in 2006. Islamic principles are at the heart of all
our operations. Adherence to Shariah principles in product development is assured by our Shariah Committee.
SAIB provides wholesale, retail and commercial banking products in the Kingdom of Saudi Arabia, both Shariahcompliant and traditional. In addition to personal banking, the Bank services the government, quasi-government, corporate and MSME sectors. Our finance operations offer a range of non-interest-bearing banking products including Murabaha, Istisna’a and Ijarah. Our product portfolio also includes several treasury and investment banking products.

  • Size: Large
  • Type: Private company
  • Listed: Listed
  • Sector: Financial Services
  • Country: Saudi Arabia
  • Country Status: Non-OECD / Non-DAC
  • Employees: 1,000 - 5,000
  • Revenue: 389000000 USD
  • GRI Community:
  • Stock listing code: 1030


www: visit
HQ Address: King Saud Road
HQ City: Riyadh
Contact person: Graham Gunn
Email: Not provided




For a financial services company such as SAIB, operating in today’s global business environment, requires a careful identification of the different types of risks, managing the risks, and balancing risk and return. This includes efficient allocation of regulatory capital to support healthy balance sheet growth. Being a custodian of customer deposits, the Bank has to apply best in class risk management practices in order to safeguard the interests of customers, investors and other stakeholders. Hence, the Bank has a well-defined and documented risk management framework in place to prudently fulfil its role as a custodian and intermediary, as
well as to rigorously comply with regulatory requirements.
At the apex of the risk policies and procedures of the Bank is the Risk Management Policy Guide, prepared in conformance with the requirements of the Saudi Arabian Monetary Authority (SAMA). This describes in detail the risks the Bank is exposed to and the policies and mechanisms in place to measure, manage and control the risks. Some of the main governance manuals developed for this purpose are the Risk Appetite Framework (RAF), Credit Policy Guide and Treasury
Policy Guide


Local deepening
with traditional segments and geographical areas getting saturated, there is a need to expand into under-banked cities and segments opportunities
• Regulation and new entrants
while traditional lines such as consumer lending have come under pressure, new opportunities have been created by legislation such as the mortgage law
• Technology and innovation
leveraging technology to develop more efficient channels and services to satisfy the demands
of the market

When recruiting we try to obtain the most talented Saudi citizens and place them in appropriate roles. We source the best person for the job, using a systematic and fair approach. We also value diversity and inclusion in our workplace; we strive to give as many opportunities as possible to youth and women.