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Bank Aljazira aka BAJ is a Saudi Arabian financial group and a Joint-stock company founded in 1975 headquartered in Jeddah.Bank Aljazira was established as a Saudi joint-stock company registered under Royal Decree No. 46/M issued on June 21, 1975. The bank began its operations on October 9, 1976, after it acquired the branches of the National Bank of Pakistan in the Kingdom of Saudi Arabia.

Bank Albilad (Arabic: بنك البلاد) is an Islamic Saudi bank established in 2004.Bank Albilad is a Saudi joint stock company, headquartered in Riyadh. It was established with a Royal Decree 48/M on 21/9/1425H (corresponding to 4 November 2004) with a corporate capital of 7.5 billion Saudi Riyals. Enjaz Banking Services is the remittance department of Bank Albilad.In February 2021, Nasser Mohammed Al-Subeaei was appointed chairman of the board of directors and Fahd Abdullah Bindekhayel as Vice Chairman.

The Al Rajhi Bank (Arabic: مصرف الراجحي) (previously known as Al Rajhi Banking and Investment Corporation)[4] is a Saudi Arabian bank and the world's largest Islamic bank by capital based on 2015 data.Al Rajhi Bank was founded in 1957, and is one of the largest banks in Saudi Arabia, with over 9,600 employees and $88 billion in assets. The bank is headquartered in Riyadh, and has over 600 branches, primarily in Saudi Arabia, but also in Kuwait, and Jordan, with a subsidiary in Malaysia.

Banque Saudi Fransi (BSF) (Arabic: البنك السعودي الفرنسي) is a Saudi Joint Stock Company established by Royal Decree No. M/23 dated June 4, 1977.Banque Saudi Fransi was established in accordance with the Royal Decree No. m. 32 dd 17 Jumada II 1397H 4 June 1977. Following the transfer of Banque de l'Indochine et de Suez operations in Saudi Arabia, Banque Saudi Fransi officially commenced its operations on 5 September 1989 under CR No. 1010073368 issued on 5 Sept 1989.

Alinma Bank (Arabic: مصرف الإنماء) is a Saudi joint stock company formed in accordance with Royal Decree No. M/15 dated 28 March 2006 and Ministerial Resolution No. 42 dated 27 March 2007. Alinma Bank’s founding shareholders are as follows: The Saudi Arabian Public Investment Fund (PIF), the Saudi Arabian Public Pension Agency (PPA) and the Saudi Arabian General Organization for Social Insurance (GOSI). Together they represent 30% of the bank’s share capital, all with equal shares.

Alinma Bank (Arabic: مصرف الإنماء) is a Saudi joint stock company formed in accordance with Royal Decree No. M/15 dated 28 March 2006 and Ministerial Resolution No. 42 dated 27 March 2007. Alinma Bank’s founding shareholders are as follows: The Saudi Arabian Public Investment Fund (PIF), the Saudi Arabian Public Pension Agency (PPA) and the Saudi Arabian General Organization for Social Insurance (GOSI). Together they represent 30% of the bank’s share capital, all with equal shares. The remaining 70% of the bank’s shares were offered for public subscription in April 2008.

The Saudi Investment Bank (SAIB) (Arabic: البنك السعودي للاستثمار) was established as a Saudi joint stock, pursuant to Royal Decree No. M/31 of 25 Jumada al-Thani, 1396H (corresponding to June 23, 1976) in the Kingdom of Saudi Arabia.The Saudi Investment Bank – a financial institution, subject to SAMA supervision. Commercial Registration No. 1010011570 The Saudi Investment Bank, a Saudi joint-stock company, has been established pursuant to the Royal Decree No. M/31 dated 23 June 1976 (corresponding to 25 Jumada Al-Thani 1396H.) and started its business on 16 March 1977 (corresponding to 25 Rabie Awwal 1397H.)

The British Bank of Iran and the Middle East, which became British Bank of the Middle East (BBME), opened branches in Jeddah and Al Khobar in 1950.In 1976 the central bank enacted its sweeping policy of banking sector Saudization to address foreign banks' domination of the sector and its impact on the Saudi economy. Consequently, it directed all foreign bank branches to incorporate in Saudi Arabia (i.e., become Saudi companies with Saudi capital) and limited their parent companies to ownership of forty percent of these new entities.