THE NATIONAL Commercial Bank has a long history of creating innovative Shariah-compliant solutions that have helped the Saudi Arabian economy to grow and diversify. It was the first Saudi bank to be licensed in the Kingdom, and quickly assumed a leading role. NCB customers benefit from all traditional banking services, with the additional protection that Shariah compliance brings. This has led to innovations in real estate, auto finance and insurance and provided SMEs with the liquidity they need to grow. NCB continues to pioneer the development of Shariah-compliant solutions to meet the needs of a diverse economy, and is working to help deliver Saudi Vision 2030. The BV judging panel believes NCB’s innovative approach is pivotal to the Kingdom’s financial development, and names it winner of the 2018 award for Most Innovative Shariah-Compliant Financing (KSA).
