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Image used for illustrative purpose. A trader monitors stocks at a Saudi Bank in Dammam October 26, 2008.
The bank’s slogan is “Together, we build tomorrow,” which signifies its forward-thinking approach, it said in a statement.
“The bank's new logo and identity signify a fresh start, and the merged bank’s local and regional competitiveness, in keeping with its role of contributing to the Kingdom's Vision 2030 program,” said a statement from the group that was formed from the merger of National Commercial Bank and Samba Financial Group.
The bank’s chairman, Ammar Abdul Wahed Al-Khudairy, said the new bank identity reflected the “evolving Saudi Arabia.”
“One rooted in national heritage, with a modern vision for the future, and with the scale, prowess and expertise to deliver on it,” he added.
SNB is the Kingdom's biggest bank with SR896 billion ($239 billion) in total assets and SR127 billion in shareholders’ equity.
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