Saudi National Bank - Company Profile
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Saudi National Bank (SNB) offers a range of banking and related financial solutions. Adequate capital, distribution network, and cost efficiency are some of its major strengths, even as its cash position could be a cause for concern. Growing market for payments channel in Saudi Arabia, strategic agreements, and the emergence of FinTech could provide ample growth opportunities to SNB. However, emergence of Neobanks, competition and risks related to online identity theft and hacking could affect the bank’s performance.
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