SNB Capital
SNB Capital is the investment banking arm of Saudi National Bank, offering a full platform of securities services, asset management, investment banking, and wealth management to institutional, corporate, and high-net-worth clients in Saudi Arabia and the broader Middle East.
- Company typePrivate
- Founded2007
- HeadquartersRiyadh, Saudi Arabia
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What SNB Capital does
SNB Capital is a Saudi joint-stock company and the investment banking arm of Saudi National Bank (SNB), operating as a full-spectrum capital markets institution headquartered in Riyadh with a regional office in Dubai (DIFC). Founded in 2007 and authorized by the Capital Market Authority under license 37-06046, the firm is positioned as the largest Sharia-compliant asset manager globally with AUM of SAR 246 billion (USD 65 billion) across approximately 251-500 employees.
The company operates a platform-plus-modules architecture organized around four business divisions: Securities Services (local trading via the AlAhli Tadawul platform, global trading, market access services for foreign institutions, margin financing, custody, employee share plans, and securities borrowing and lending); Asset Management (fixed income/liquidity funds, alternatives, public equity, multi-asset, and private funds, distributed via the DIFC entity); Investment Banking (ECM, DCM, M&A, and corporate finance advisory); and Wealth Management (advisory, corporate savings, private banking, and the Idikhari individual savings plan). Underlying technology includes an institutional-grade FIX/API-enabled market access platform co-located with the Saudi Exchange.
Revenue is generated through four mechanics: transaction-based fees on trading, custody, clearing, and securities lending; recurring management fees on mutual, alternative, equity, multi-asset, and private funds; professional services fees from IPO advisory, M&A, ECM/DCM, and corporate finance mandates; and subscription/recurring fees from wealth management and private banking. Go-to-market is sales-led, with dedicated institutional coverage teams, private bankers for HNW clients, and digital platforms for retail and foreign institutional access.
SNB Capital firmographics
Firmographics- Name
- SNB Capital
- Legal name
- SNB Capital Company
- Website
- https://alahlicapital.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- SNB Capital is the investment banking arm of Saudi National Bank, offering a full platform of securities services, asset management, investment banking, and wealth management to institutional, corporate, and high-net-worth clients in Saudi Arabia and the broader Middle East.
- Ownership category
- akta.pro rank
SNB Capital industry classification
Industry- Product category
- Investment Banking & Capital Markets
- NAICS
- Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
- akta.pro secondary industries
- Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Corporate Finance & Capital Advisory (BPAHADAB)
Keywords
Where SNB Capital is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices2 records
Markets served
SNB Capital business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Securities Services: Revenue generated from trading, custody, clearing, brokerage, and settlement services for local, regional, and international markets including Local Trading, Global Trading, Margin Financing, and Security Borrowing & Lending.
- Asset Management: Management fees from managing mutual funds, alternative investment funds, public equity funds, multi-asset funds, and private funds across various asset classes.
- Investment Banking: Fees from advisory services including IPO advisory and execution, M&A transactions, ECM and DCM structuring, and corporate finance advisory.
- Wealth Management: Fees from investment advisory, portfolio management, corporate savings, and private banking services for high-net-worth individuals and institutions.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels3 records
SNB Capital product offering
Product offeringCore offering
SNB Capital provides capital markets services across four divisions: Securities Services (trading, custody, clearing, brokerage and settlement for local, regional, and international markets), Asset Management (mutual funds, alternative investment funds, public equity funds, multi-asset funds, and private funds), Investment Banking (IPO advisory and execution, M&A, ECM and DCM structuring, and corporate finance advisory), and Wealth Management (investment advisory, portfolio management, corporate savings, and private banking for high-net-worth clients). All offerings are delivered with Sharia-compliant solutions aligned with Saudi Vision 2030.
Product overview
SNB Capital is a full-fledged capital markets institution offering a diversified suite of products and services structured as a platform-plus-modules architecture. The core offerings comprise Securities Services (including Local Trading via AlAhli Tadawul, Global Trading, Market Access Services, Margin Financing, Custody Services, Employee Share Plans, and Security Borrowing & Lending), Asset Management (Liquidity Solutions and Fixed Income Funds, Alternative Investment Funds, Public Equity Funds, Multi Asset Funds, and Private Funds), Investment Banking (Equity Capital Markets, Debt Capital Markets, Mergers & Acquisitions, and Debt and Corporate Finance Advisory), Wealth Management (Investment Advisory, Corporate Savings, Private Banking, and Idikhari Program), Principal Investments and Funding, and SNB Capital DIFC for international alternatives. The company is authorized by the Capital Market Authority of Saudi Arabia and is the largest Sharia-compliant asset manager globally with AUM of SAR 246 billion (USD 65 billion).
Differentiator
Problem solved
Functional benefit
Brands
- AlAhli Tadawul: Online trading platform offering real-time data and advanced tools for traders in the Saudi capital markets
- Idikhari Program
- SNB Capital DIFC
Products and services
- Securities Services
- Local Trading
- Market Access Services
- Global Trading
- Margin Financing
- Custody Services
- Employee Share Plans
- Security Borrowing & Lending
- Asset Management
- Liquidity Solutions and Fixed Income Funds
- Alternative Investment Funds
- Public Equity Funds
- Multi Asset Funds
- Private Funds
- Investment Banking
- Equity Capital Markets
- Debt Capital Markets
- Mergers & Acquisitions
- Debt and Corporate Finance Advisory
- Wealth Management
- Investment Advisory
- Corporate Savings
- Idikhari Program
- AlAhli Tadawul
- SNB Capital DIFC
- Principal Investments and Funding
Companies that use SNB Capital
Customer profileSegments4 records
Ideal customer profiles4 records
SNB Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
SNB Capital partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Mizuho BankcoreMizuho Bank acted as mandated lead arranger and bookrunner for SNB Capital's $500 million three-year loan facility with a base size of $350 million and $150 million greenshoe option, carrying an interest margin of 80 basis points over SOFR.
- Richard Attias & AssociatesminorSNB Capital was tapped alongside Citigroup Inc. to arrange a potential IPO of Richard Attias & Associates, the organizer of Saudi Arabia's Future Investment Initiative summit, that could value the events business at up to $1 billion.
- InvestcorpcoreInvestcorp and SNB Capital established a strategic partnership to cooperate across asset management, investment banking, and wealth management, targeting investment opportunities in Saudi Arabia and internationally in Private Equity and Real Assets. The partnership combines Investcorp's global alternative investment platform with SNB Capital's local market expertise and position as the largest Sharia-compliant asset manager globally.
- Orion Resource PartnerscoreOrion Resource Partners and SNB Capital announced a strategic partnership to support the development of Saudi Arabia's mining and metals industry, aligning with the country's Vision 2030 strategy. The partnership aims to identify and support mining projects in Saudi Arabia that can advance into near-term production, focusing on critical minerals supply chains. This was part of Orion's $2.2 billion Mine Finance Fund IV which attracted sovereign wealth participation.
- CitigroupminorSNB Capital was hired alongside Citigroup to facilitate the potential IPO of Tabreed District Cooling in Saudi Arabia, with the flotation still under discussion regarding size and timing.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
SNB Capital competitors and assessment
Company assessmentDirect peers
- Riyad Capital: Riyad Capital is the investment banking arm of Riyad Bank and one of SNB Capital's closest Saudi competitors. It offers a comparable four-pillar platform (IB, AM, brokerage, wealth), making it the most directly comparable peer in the Kingdom.
- Jadwa Investment: Jadwa Investment is a leading Saudi investment bank and asset manager offering IB advisory, asset management, and brokerage. It is a direct peer in Saudi ECM, M&A advisory, and Sharia-compliant asset management.
- Saudi Fransi Capital: Saudi Fransi Capital is the investment banking arm of Banque Saudi Fransi and a direct domestic peer, providing asset management, brokerage, and advisory services across the Saudi capital markets with similar client segments to SNB Capital.
- NCB Capital (Samba Capital): NCB Capital (now part of the SNB group post-merger) is a direct peer in Saudi asset management and brokerage. The merger illustrates SNB Capital's broader consolidation role within Saudi National Bank's ecosystem.
- Al Rajhi Capital: Al Rajhi Capital is the investment banking subsidiary of Al Rajhi Bank, the largest bank in Saudi Arabia. It competes directly with SNB Capital in asset management, brokerage, and wealth, and is a benchmark for Sharia-compliant retail and institutional asset management in the Kingdom.
- ANB Invest: ANB Invest is the investment banking subsidiary of Arab National Bank, providing asset management, brokerage, and advisory services in Saudi Arabia. It directly competes with SNB Capital across retail and institutional segments.
Broad incumbents
- HSBC Saudi Arabia: HSBC Saudi Arabia is a global bulge-bracket bank with full Saudi CMA licensing for advisory and brokerage. It competes with SNB Capital on large Saudi ECM and M&A mandates but operates as part of a much broader global franchise.
- Goldman Sachs Saudi Arabia: Goldman Sachs operates a licensed Saudi Arabia franchise and is frequently mandated on flagship Saudi IPOs and M&A. It is a broad incumbent competing for high-end advisory mandates alongside SNB Capital.
Regional players
- Kamco Investment: Kamco Investment is a leading Kuwaiti investment bank with asset management and IB capabilities across the GCC. It is a regional peer offering comparable investment banking and asset management services outside of Saudi Arabia.
- Emirates NBD Capital: Emirates NBD Capital is the investment banking arm of Emirates NBD, the largest banking group in the UAE. It is a regional peer competing for GCC M&A, ECM, and asset management mandates with SNB Capital.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SNB Capital social profiles
Digital presenceSNB Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
SNB Capital leadership team
Management profileNumber of profiles
Profiles1 record
SNB Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SNB Capital M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SNB Capital
What does SNB Capital do?
SNB Capital provides capital markets services across four divisions: Securities Services (trading, custody, clearing, brokerage and settlement for local, regional, and international markets), Asset Management (mutual funds, alternative investment funds, public equity funds, multi-asset funds, and private funds), Investment Banking (IPO advisory and execution, M&A, ECM and DCM structuring, and corporate finance advisory), and Wealth Management (investment advisory, portfolio management, corporate savings, and private banking for high-net-worth clients). All offerings are delivered with Sharia-compliant solutions aligned with Saudi Vision 2030.
Is SNB Capital a public or private company?
SNB Capital is a private company. It is classified as corporate owned and is currently operating.
When was SNB Capital founded?
SNB Capital was founded in 2007. It employs 251 to 500 people.
Where is SNB Capital based?
SNB Capital is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
How does SNB Capital make money?
Four revenue lines are on record. Securities Services are the primary driver. The others are asset Management, investment Banking and wealth Management.
Who are SNB Capital's main competitors?
Direct peers on record are Riyad Capital, Jadwa Investment, Saudi Fransi Capital, NCB Capital (Samba Capital), Al Rajhi Capital and ANB Invest. Broad incumbents are HSBC Saudi Arabia and Goldman Sachs Saudi Arabia. Regional players are Kamco Investment and Emirates NBD Capital.
Does SNB Capital have an API?
Yes. Market Access Services platform offers multiple connection options including co-located FIX order routing and API-based integrations for connecting to the Saudi Exchange.
What industry is SNB Capital in?
SNB Capital's product category is Investment Banking & Capital Markets. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory), with a secondary code of BPAHAOAE, Equity Capital Advisory (Private Equity Placements, Growth Capital). Its NAICS code is 523940 and its SIC code is 6211.