Saudi National Bank

Jeddah, Saudi Arabia

https://www.snb.ae

Bank Logo

Saudi National Bank Overview

The Saudi National Bank, also known as SNB AlAhli, is the largest commercial bank based in Saudi Arabia. Formerly recognized as The National Commercial Bank (NCB), it has a significant presence in the global banking landscape.

Operations and Services in the UAE

The bank has a strong presence in the United Arab Emirates, with several branches across the region, including in Downtown Dubai, Emaar Square, the Mall of Emirates, and Jumeirah. The bank offers a diverse range of personal banking services such as accounts, mortgage loans, personal loans, and wealth management. All these services are designed to meet the specific needs of their customers in the UAE.

Global Presence

Beyond the UAE, the bank operates globally with a network of branches and subsidiaries. The bank's Dubai branch, in particular, is a foreign branch of SNB Saudi Arabia and falls under the supervision and oversight of the Central Bank of UAE. It is part of the bank's vision to extend its world-class banking services to customers around the world.

Contact and Customer Services

Customers can easily reach out to the Saudi National Bank via their Customer Services team, either by visiting a branch or by calling the bank's hotline at 800 55000 from within the UAE, or + 971 4 7091650 from outside the UAE.

Performance and Growth

The bank continues to show strong performance and growth. As of 2024, Saudi National Bank reported a 5.9% rise in net profit, primarily driven by higher operating income. This growth demonstrates the bank's financial stability and resilience, making it a reliable choice for customers worldwide.

Branches

Saudi National Bank The Saudi National Bank - Dubai Branch

The Saudi National Bank - Dubai Branch

Ground Floor, Emaar Square, Building 2 - Downtown Dubai - Dubai

Saudi National Bank The Saudi National Bank - Abu Dhabi Branch

The Saudi National Bank - Abu Dhabi Branch

Al Mansoor Tower - Sheikh Zayed Bin Sultan St - Al Zahiyah - E16 - Abu Dhabi

Personal

Deposits

Saudi National Bank Logo
Minimum Deposit: AED 0.00
Tenure: 30 - 365 days
Interest Rate: Varies
Payment Frequency: On Maturity
Early Withdrawal Penalty: Premature withdrawal is subject to a lower interest rate and a withdrawal fee. Rate is recalculated based on the actual tenor crossed, with a 1% deduction.
Islamic Deposit: No

Features:

Available for all current and savings account holders. Customers can choose from standard tenures of 1, 3, 6, and 12 months or request a specific tenure.

Mortgages

Saudi National Bank Logo
Interest Rate: EIBOR-based
APR: N/A
Loan Tenure: 300 months
Loan-to-Value (LTV): 85.00%
Processing Fee: 1% of loan amount (non-refundable).

Features:

Available for properties in the UAE, subject to SNB approval.

Saudi National Bank Logo
Interest Rate: EIBOR-based
APR: N/A
Loan Tenure: 240 months
Loan-to-Value (LTV): 75.00%
Processing Fee: 1% of loan amount (non-refundable).

Features:

Available for UAE Nationals and Expats who own properties. Debt burden: 50% for rental income-based financing.

Personal Loans

Saudi National Bank Logo
Flat Interest Rate: N/A
Reducing Rate: N/A
Loan Tenure: months
Min Salary: AED 0
Processing Fee: N/A

Features:

Lower interest rates for salary transfer customers.

Saudi National Bank Logo
Flat Interest Rate: N/A
Reducing Rate: N/A
Loan Tenure: months
Min Salary: AED 0
Processing Fee: N/A

Features:

Higher flexibility but slightly higher interest rates.

Business

SWIFT Codes

Saudi National Bank - Dubai Branch
SAMBAEAD

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