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List of banks in Saudi Arabia

In Saudi Arabia, a total of 39 banks are currently licensed by the Saudi Central Bank (SAMA): 11 local banks,[1] 24 branches of foreign banks, and 4 digital banks.[2]

Local and Digital banks

According to the Saudi Central Bank (SAMA), the following are the licensed local and digital banks in Saudi Arabia:[3]

Foreign banks

There are 24 foreign licensed banks in Saudi Arabia as of March 2026, which are:[2][5]

Digital banks

There are 4 licensed digital banks in Saudi Arabia as of November 2025, which are:[6]

  • D360 Bank commenced operations in December 2024.[7]
  • STC Bank commenced operations in January 2025.[8]
  • Vision Bank commenced operations in September 2025.[9]
  • EZ Bank received its license in September 2025 but, as of November 2025, has not yet commenced operations.[10][11]

See also

References

  1. Banking Control Local Banks www.sama.gov.sa, retrieved 2021-10-30^
  2. Banking Control Foreign Banks www.sama.gov.sa, retrieved 2021-10-30^
  3. Licensed Banks – Saudi Central Bank retrieved 11 November 2025^
  4. Main Market Watch – Saudi Exchange retrieved 11 November 2025^
  5. Licensed Entities Banks^
  6. Licensed Entities - Banks sama.gov.sa, The Saudi Central Bank, retrieved 2024-03-15^
  7. SAMA announces launch of D360 Bank operations in Saudi Arabia Saudi Press Agency, 17 December 2024, retrieved 9 November 2025^
  8. STC Bank launches operations in Saudi Arabia after receiving green light from SAMA Fintech Futures, January 2025, retrieved 9 November 2025^
  9. Vision Bank becomes operational with Finastra’s cloud-native Islamic banking treasury solution PR Newswire, 2 September 2025, retrieved 9 November 2025^
  10. Saudi Cabinet approves license for EZ Bank Al Arabiya, 30 September 2025, retrieved 9 November 2025^
  11. Saudi Central Bank announces licensing of EZ Bank as a new digital bank Argaam, 30 September 2025, retrieved 9 November 2025^