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Saudi National Bank is a bank formed after the merger of Samba (bank) and National Commercial Bank (Saudi Arabia) in Saudi Arabia on 1 April 2021.​The Saudi National Bank (SNB) is the largest financial institution in Saudi Arabia and one of the largest powerhouses in the region. SNB plays a vital role in supporting economic transformation in Saudi Arabia by transforming the local banking sector and catalyzing the delivery of Saudi Arabia’s Vision 2030. Its strategy is closely aligned with the Vision’s programs. SNB also leverages its position as the largest institutional and specialized financier in the Kingdom to support the Kingdom’s landmark deals and mega projects.

Riyad Bank is one of the largest financial institutions in Saudi Arabia, ranked fourth in assets It was established in 1957. The Saudi government owns 51% of the shares of the firm. As other Saudi commercial banks, Riyad Bank is supervised by the Saudi Central Bank. In March 2018, Riyad Bank launched contactless payment wristbands, using the Gemalto digital security solution.