National Commercial Bank - Hofuf

The National Commercial Bank (NCB) is a prominent Saudi Arabian bank and the leading financial institution in the region. Founded in 1953, NCB has been at the forefront of financial innovation, introducing Credit Cards, Automated-Teller-Machines (ATMs), student savings schemes, and branches dedicated to women. NCB is a joint stock company with the majority of its shares owned by the Public Investment Fund (PIF). In 2014, the bank offered 25% of its shares to the public through an Initial Public Offering (IPO). With a paid-up capital of SAR30 billion (US$8 billion), NCB is one of the largest banks in the Pan-Arab region and has a 90.71% direct ownership of NCB Capital, a premier investment house and arm, as well as owning 67.03% of Türkiye Finans Katılım Bankası (TFKB), the leading  

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participation bank in Turkey. NCB provides solutions specifically designed for personal and business needs, and is a pioneer in Corporate Responsibility with its various programs offering job opportunities, entrepreneurship workshops and support, and loans. The bank is also one of the first Saudi companies to implement The Principle of Corporate Governance and the first bank in Saudi Arabia to receive International Certification on Business Continuity Management.