The Saudi National Bank - Dubai Branch

The National Commercial Bank provides various banking products and services. It offers non-special commission based banking products in compliance with Shariah rules, which are approved and supervised by an independent Shariah Board. The company operates through Retail, Corporate, Treasury, Capital Market, and International segments. The Retail segment provides banking services, including lending and current accounts, as well as products in compliance with Shariah rules to individuals and private banking customers. The Corporate segment offers various conventional credit-related products and financing products to small sized businesses, medium and large establishments, and companies. The Treasury segment provides a range of treasury and correspondent banking products and services comprising money market and foreign exchange; carries out investment and trading activities; and manages liquidity, market, and credit risks related to investments. The Capital Market segment offers wealth management, asset management, investment banking, and shares brokerage services. The International segment provides banking services outside Saudi Arabia. It also distributes and markets Islamic insurance products; operates a private equity fund; and provides recruitment services. The company operates through 400 branches, 20 retail service centers, 9 corporate service centers, and 150 QuickPay remittance centers in the Kingdom of Saudi Arabia, as well as 1 overseas branch in Bahrain. The company was founded in 1953 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.