Saudi National Bank is dominant and main shareholder that owns management control of Türkiye Finans through 67.03% share in paid-up capital.
|Name Surname / Business Name||Amount of Share (TL)||Share Ratio (%)|
|Saudi National Bank (SNB)||1,742,676,447||67.03|
|Gözde Girişim Sermayesi Yatırım Ortaklığı A.Ş.||274,838,187||10.57|
About Saudi National Bank (SNB)
Saudi National Bank was the first Saudi bank to be licensed in the Kingdom. It is considered the largest in the Saudi Arabia and a leading financial institution in the Region. In 1999, the Government through the Ministry of Finance's Public Investment Fund (PIF) acquired a majority holding in the Bank.
SNB serves over the 7 million customers in Saudi Arabia, with 431 branches and more than 9 thousand employees.
Saudi National Bank is one of the largest banks in the Arabian finance world. As of the end of 2020, the bank commanded SAR 600 billion (USD 160 billion) of assets, while it wrote a net profit of SAR 11.6 billion (USD 3.1 billion) in the same period. The bank recorded earnings per share of SAR 3.68 (USD 0.98).
In 2008, the SNB undertook its first international acquisition and became the dominant partner of Türkiye Finans, one of Turkey’s leading participation banks. Saudi National Bank has been the major shareholder of Turkiye Finans by holding 67% stake in the bank.