Operations [ ] SHB is organized into three main business segments: Corporate Banking, Personal Banking and Treasury | [ ] In June 2011, Saudi Hollandi Bank Launched The First MasterCard World Credit Card With A Silver Mark in the Middle East |
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The Netherlands Trading Society office in Jeddah assisted the government with the launch of the local currency |
In addition, the Bank provides brokerage, asset management and investment banking services through its subsidiary Saudi Hollandi Capital.
Saudi Hollandi Insurance Agency Company: entirely owned as its bancassurance distribution arm with licensed in insurance activities | Principal divisions and subsidiaries [ ]• On 16 June 2019, the merger was legally completed |
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Saudi Hollandi Bank employs 1,417 staff with a Saudization ratio of over 87 | Alawwal Bank 2016 [ ] In November 2016, Saudi Hollandi Bank changed its name to Alawwal Bank as part of a new corporate identity that will be rolled out over the next three months, according to a statement |
Also in 2009, SHB was the first bank in the Kingdom to deploy the automated Teller Cash Recycling machines TCR , which was introduced to enhance the Open Branch concept that allows direct contact between the bank's employees and its customers.
24The branch network was expanded to include Riyadh, Jubail, Makkah, Hofuf, Madinah, Qatif and other regions | symbolDataError","msg":"Data is not available at this time, please try again shortly |
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confirmCancel5","msg":"Do you want to proceed? It was the first operating bank in the Kingdom of Saudi Arabia and was founded in 1926 as a branch of the | bestViewHSBC","msg":"Best viewed with IE v11 |
In 1928 the , a new silver coin commissioned by , became the Kingdom's first independent currency.
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