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]
See also
- List of companies of Saudi Arabia
- Public Investment Fund
References
- Banking Control Local Banks www.sama.gov.sa, retrieved 2021-10-30^
- Banking Control Foreign Banks www.sama.gov.sa, retrieved 2021-10-30^
- Licensed Banks – Saudi Central Bank retrieved 11 November 2025^