Saudi Equity Research - The Saudi Investment Bank (SAIB) - Initiation Coverage
We initiate coverage on The Saudi Investment Bank (“SAIB” or “The Bank”) with a Valuation of SAR 17.80 per share. SAIB is a leading financial institution in the KSA, and provides a wide range of Shariah-compliant and conventional banking services to corporates, individuals, and SMEs. SAIB plays a key role in supporting trade finance, industrial development, and infrastructure projects in the Kingdom.
