Saudi Hollandi Bank


NameSaudi Hollandi Bank
SectorFinance & Insurance - Commercial Banks
TradingTadawul
RIC Code1040.SE
LocationSAUDI ARABIA


Profile and Background

Saudi Hollandi Bank, the first bank in the Kingdom of Saudi Arabia, was founded in 1926 as the Netherlands Trading Society, and was originally established with one office in Jeddah to serve the pilgrims from the Dutch East Indies (now Indonesia).

For some time, as the only operating bank in the kingdom, Saudi Hollandi Bank served as the kingdom's central bank, maintaining the gold stock of the country, and processing the first oil-related transactions.

In 1964, the Netherlands Trading Society became the Algemene Bank Nederland (or ABN). Today, Saudi Hollandi Bank is a Saudi joint stock company, established by Royal Decree in 1976, with a capital of SR 420 million ($112 million).

The bank's global affiliation with ABN AMRO gives access to international financial markets and instruments as well as to a global branch banking network. More than 850 employees work kingdomwide.Saudi Hollandi Bank is a full-service bank, headquartered in Riyadh with regional offices in Jeddah and Al-Khobar.

The bank has 36 branch offices in the kingdom, a network of 68 in-branch and stand-alone ATMs, and a representative office in Beirut, Lebanon. Its affiliation with the Saudi Payments Networks (SPAN) 1,600 ATMs in the kingdom and its own arrangements with VISA and the PLUS networks provide customers with more than 381,000 cash access points worldwide.

Saudi Hollandi Bank is a joint venture bank, 60 per owned by Saudi nationals, and 40 per cent by ABN AMRO, the largest bank in the Netherlands. The bank is rated by four ratings agencies: Capital Intelligence, Moody's Investors Service, Thomson BankWatch, and Standard and Poor's.

In 1999, the bank reported a 2.9 per cent rise in total assets to SR 19,665 million ($5,244 million), making it the seventh largest of the nine commercial banks in the kingdom.

Shareholding Groups

IndividualsN/A
Institutions 67%
FloatingN/A
GovernmentN/A

Stock Performance

Saudi Hollandi Bank Stock Performance



Market Information

StockSaudi_Arabia Index
Last ClosingSAR 76.253424.18
YTD % 13.122% 0%
Weekly %up 10.619% 5.55%
Year HighSAR 76.89083.39
Year LowSAR 47.43296.01
52 Week HighSAR 159.44532.55
52 Week LowSAR 73.252983.01
BETA0.6785
Outstanding Shares220,500,000
Market CapSAR 16,813,125,000
Market Cap in $USD $4,483,500,000
% of Saudi_Arabia Market1.37%
% of Sector3.66%
Rank by Cap14

Key Figures in '000 SAR

200420032002
Total Assets33,443,55727,964,61126,899,265
Shareholder's Equity2,890,1672,550,7022,302,942
NIAT742,691600,880555,167
DividendsN/A302,400444,150

Financial Ratios

200420032002
Assets Growth19.59%3.96%6.88%
Earning Growth23.60%8.23%12.48%
ROaA2.42%2.19%2.13%
ROaE27.30%24.76%25.45%
No. Of Shares25,200,00018,900,00018,900,000
EPS29.4731.7929.37
EPS Growth23.60%8.23%12.48%
Payout RatioN/A50.32680.003

Valuation Ratios

Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity




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