Alawwal Bank

Alawwal Bank
Native name
البنك الأول
FormerlySaudi Hollandi Bank
Company typePublic
Tadawul: 1040
IndustryFinance
Founded1926 (1926) in Jeddah (as The Netherlands Trading Society)
FateMerged with SABB (Saudi bank)
HeadquartersRiyadh, Saudi Arabia
Key people
  • Lubna Olayan (Chairman)
  • Khalid Bin Abdullah Al-Mulhem (Vice Chairman)
  • David Dew (Managing Director)
ProductsCorporate and institutional banking, SME banking, retail banking, investment banking, brokerage, asset management, insurance services
Total assets$28 billion (May 2017)
Number of employees
2600 (2017)
Websitewww.alawwalbank.com
Footnotes / references

The Alawwal Bank (Arabic: البنك الأول), previously known as Saudi Hollandi Bank, was a Saudi Arabian bank based in Riyadh, Saudi Arabia. It was the first operating bank in the Kingdom of Saudi Arabia and was founded in 1926 as a branch of the Netherlands Trading Society.

On 14 March 2021, Alawwal was fully merged with SABB.