Partners

Leading Platinum Partner

Banque Saudi Fransi

Banque Saudi Fransi (BSF) is a Saudi Arabian Joint Stock Company established by Royal Decree No. M/23 dated June 4, 1977.

The Bank is affiliated with Calyon that holds an equity interest of 31.1%. Calyon is a fully-fledged member of the Crédit Agricole Group, the second largest bank in France, and seventh amongst banks of the Euroland by total equity.

Our objective is to provide all types of commercial banking services to both domestic and international customers.

BSF aims at creating a long term and personalized partnership with all its customers, gaining loyalty through recognized banking expertise, quality of service, as well as innovative and customized financial solutions.

Our Head office is located in Riyadh and we have:

• Three Regional Offices in Jeddah, Al-Riyadh and Al-Khobar.
• 75 branches located in the major cities of the Kingdom, including 16 Ladies Sections.
• 275 ATMs and 4382 Point of Sale (P.O.S.) terminals.
• 2345 employees as of 31st December 2008.

Over the years, BSF has demonstrated a sustainable pattern of growth that has established its current financial strength and leadership in the Saudi market, positioning the Bank as a modern and dynamic institution fully geared to meet the challenges of the future. In the area of Islamic banking services, Banque Saudi Fransi had made considerable improvement in the development of products and services including enhancements of our branches to comply with the provisions of Islamic Sharia and to provide alternative products available to companies and individuals including investment and treasury services. Banque Saudi Fransi plays a leading role in the provision of these services aside from leasing and participation in Tawarruq for corporate clients.

 

Samba

About Samba Financial Group
Samba is one of the world’s leading financial services groups, which was established in 1980 in the Kingdom of Saudi Arabia and provides world class services to meet the financial needs of its private, corporate and institutional customers. In retail banking, it is the recognized market leader and a trendsetter in exclusive, customized private banking and wealth management services. Through its cutting-edge corporate and investment activities, the group has built long-standing relationships with premier clients and leading financial institutions throughout the Kingdom and the GCC. Samba’s treasury operations have a proven track record and encompass high volumes and significant business transactions in international money markets. A strong suite of Shari’ah-compliant financial products has propelled Samba to the top tier of Saudi institutions engaged in Islamic finance.

Furthermore, Samba has completed over 20 years of prosperous fully fledged banking activities in the UK, since upgrading its operations from a representative office (established in 1984) to a fully licensed bank in 1987.

Samba Bank Limited in Pakistan "previously known as Crescent Commercial Bank" continues to expand the bank's retail and commercial banking business.

Having received a full commercial banking license from the UAE regulatory authorities, Samba now operates its first branch in Dubai.

Samba continues to expand its business into other markets in the GCC and Asia, focusing on excellence of service, product offering and advice that it already provides to existing clients.

It is an integral part of Samba’s strategy to achieve geographical diversification and maximise shareholder returns.

Samba Financial Group
PO Box 833 Riyadh 11421
Kingdom of Saudi Arabia
Tel +966 1 477 477 0
www.samba.com

 

Samba Capital

Samba was the first bank to create a specialized investment management unit in Saudi Arabia in 1984. Since then, Samba has built an enviable reputation for investment success and has grown into one of the region’s leading and most innovative investment banks.

In 2008, Samba created a new and separate wholly owned entity specifically designed to handle all its investment services. It was part of an industry-wide move under the directive of the Capital Markets Authority to separate investment services from traditional bank offerings. The new entity has been named SambaCapital, a name which combines all of Samba’s investment expertise, strength and success through the years. SambaCapital comes with the same award-winning Samba team trusted by its customers, including some of the most experienced investment managers and investment banking professionals in the business.

With Samba’s long history as a leading investment services provider in the Gulf, SambaCapital provides a full house of world class investment products and services—many of which are market-leading investment solutions—for individuals, companies and government institutions. These include a wealth of asset management, brokerage and investment banking services, both conventional and Islamic, designed intelligently to deliver consistent results.

Asset Management

SambaCapital offers some of the most innovative local and international funds—including such firsts as the Kingdom’s first real estate fund and the China Opportunities fund—as well as world-class discretionary portfolio management services, international trade finance services and fiduciary placements. SambaCapital is one of only a select few elite investment houses in the Gulf capable of managing local and international funds and customized portfolios in-house.

SambaCapital mutual funds span the full risk spectrum and include award-winning local, regional and international equity funds, money market funds, trade finance funds, capital guaranteed funds, bond funds, balanced funds, and many others.

SambaCapital also offers a complete range of innovative Islamic investment services for both individual and institutional investors including asset management, fiduciary and advisory services.

SambaTadawul Brokerage Services

SambaTadawul, SambaCapital’s brokerage service, offers an unrivalled investment horizon of over 50 local, regional and international markets—the widest market coverage available in Saudi Arabia. What’s more, with its long heritage as the most highly acclaimed provider of leading-edge investment tools, investors are now able to access these markets in real time, day or night, from anywhere, by phone, online, on a mobile phone via SambaTadawul-Online and SambaTadawul-Mobile, and at SambaCapital investment centers.

Investment Banking Services

SambaCapital offers a comprehensive range of award-winning services to help corporate and institutional clients raise more capital for growth and identify the most suitable investments. These include equity offerings such as IPOs, private placements and rights issues, mergers and acquisitions, securities underwriting, debt instruments issuing and underwriting and financial advisory services.

Gold Sponsors

National Commercial Bank

Founding:

The National Commercial Bank is the most prominent of Saudi banks and was the first bank established in Saudi Arabia. The Bank initiated business in the name of “The National Commercial Bank” under Royal Decree on 20 Rabi Thani 1373H (26 December 1953).

The initial paid-up capital for NCB was SR 30 million (US$ 8 million).

Legal Structure:

• Since its establishment, the bank has maintained its legal structure as General Partnership until it was converted into a Saudi Joint Stock Company in 1997 as a first step toward initial public offering.
• In 1999, the Government through the Ministry of Finance's Public Investment Fund (PIF) acquired a majority holding in the Bank.

Management:

• With the changes in the Bank's ownership in 1999, a new Board of Directors was formed under the Chairmanship of Mr. Abdulla Salem Bahamdan who was re-elected as Chairman of the Board of Directors for the current term.
• On October 1, 2005, Mr. Abdulkareem Abu Alnasr was appointed as General Manager and later assumed the bank's first Chief Executive Officer (CEO) position on January 1, 2006 after NCB had applied the principles of the corporate governance to separate between ownership and management of the Bank.
• In 2008, Mr. Abdulkareem Abu Alnasr, the CEO of the National Commercial Bank received top recognition for his outstanding contributions to the banking industry as the recipient of the 2008 Banker Middle East Best Lifetime Achievement Award category. Mr. Abu Alnasr also received Best lifetime Achievement Award from the American University in Cairo.

Financial Indicators:

• The NCB is the largest Bank in the Arab world. The Bank’s paid-up capital is SR 15,000 million (US$ 4,000 million).
• Total assets at year-end 2008 totaled SR 221,802 million (US$ 59,147 million)
• Net profit for fiscal year 2008 totaled SR 2,031 million (US$542 million)
• Shareholders’ equity at year-end 2008 totaled SR 26,115 million (US$ 6,964 million)
• Return on average Shareholder’s equity for fiscal year 2008 amounted to 11.8 %.
• Earning per share for fiscal year 2008 amounted to SR 1.35 (US$ 0.36).

Key Facts & Figures:

• At year-end 2008, the Bank has operated 275 branches throughout the Kingdom, dedicated exclusively to Islamic Banking services.
• At year-end 2008, the Bank’s customers had surpassed 2.2 million clients.
• At year-end 2008, the Bank employees had reached a total manpower of 5751 of which 88.5% are Saudis.
• The Bank operated 1393 Automated Teller Machines and 12,806 Point-of -Sale Terminals.
• The Bank operates a total of 2 international branches located in Beirut and Bahrain, and a total of 3 representative offices in London, Seoul, and Singapore.
• NCB has acquired a 64.68% share holding in Türkiye Finans Katilim Bankasi, Turkey’s leading Islamic Bank.
• The Bank operates a comprehensive array of alternative delivery channels such as Al-Ahli Telephone Banking, Al-Ahli Mobile Banking, Al-Ahli Online, Alahli eCorp, Alahli ePay, Al-Ahli Tadawul, Al-Ahli International Brokerage.
• Over 87% of customer transactions had been successfully executed through alternative delivery channels during fiscal year 2008.
• Since the beginning of the 90’s, the Bank has been one of the pioneers in Islamic Banking, providing a wide range of innovative Islamic alternatives for various traditional services and products.
• The Bank is the biggest Financial Asset Manager in the Arab region and it is the first to offer mutual funds in the kingdom.
• The Bank has a prominent role in the area of social responsibility through executing various programs.
• The Bank has a distinguished role in disseminating public awareness on the concept of sustainable development in the Kingdom and regionally through issuing the first sustainability report in the Middle East.

Awards received by NCB in 2008:

• The National Commercial Bank won the award for "best bank in the field of social responsibility" from Jeddah Council.
• The National Commercial Bank won the first place in nationalization process and the Prince Naif Bin Abdul Aziz award for its pioneering role in Saudization.
• The National Commercial Bank won the award for the best private sector financial institution in the field of social responsibility from ITB Group.
• The National Commercial Bank won the Leadership Award in social responsibility in the Middle East in appreciation of its efforts toward supporting community service programs.
• The National Commercial Bank won the award for "Best Bank in the Kingdom for 2008" presented by the magazine "The Banker" of the International Financial Times.
• MasterCard International awarded the National Commercial Bank "Best partner developer in the emerging segments in the continents of Asia and Africa".
• The National Commercial Bank received honorary award from the Council of Ministers of Labor and Social Affairs in the GCC countries, acknowledging its excellence in localizing workforce at the level in the Gulf Cooperation Council (GCC) Countries.
• The National Commercial Bank won the award for "Best Bank in Islamic Finance in the Kingdom for 2008”. The award was presented by the Group of Islamic Conferences, the international real estate and finance (IREF-ICG) in collaboration with the Royal British Property Federation.
• The National Commercial Bank won one award for the best bank in Islamic finance in the world. The Award was presented by the "Islamic Business & Finance" magazine published by the "CBI" Financial Group.
• National Commercial Bank won one award for the best bank in Islamic finance in the Middle East. The Award was presented by the "Islamic Business & Finance" magazine published by the "CBI" Financial Group.
• National Commercial Bank won the first place for the "King Khalid Competitive Responsibility Award"

 

Riyad Bank & Riyad Capital

Riyad Bank is considered one of the largest financial institutions in Saudi Arabia. The Bank offers a comprehensive range of banking and investment services to its retail and corporate clients through a Kingdom-wide network of 215+ branches. In addition, RiyadNet, the Bank’s electronic banking service, uses the latest technologies to provide customers with safe and secure, around the clock, banking services via the telephone, mobile phone and internet, in addition to more than 2000+ multi function Automated Teller Machines, offering customers unrivalled convenience and accessibility for their banking needs.

In the area of financing, Riyad Bank is considered a leader in large project financing, dealing in a range of areas including Petrochemicals, Petroleum, Gas, Power, Industry and Infrastructure. Riyad Bank also plays a major role in providing advisory services in project financing. The Bank’s involvement as a financial consultant to the Ma’aden Project for phosphate has been recognized by an award for the ‘Best Islamic Financial Deal’ in 2008, by Euromoney Magazine.

As a result of our depth of experience and expertise in handling our customers’ investments we have been recognized by the Saudi Arabian Monetary Agency’s Investment Product Committee as the leading investment performance bank in Saudi Arabia, for the ninth year in a row. This has culminated in Riyad Capital (Riyad Bank’s investment banking arm) being selected for a total of 190 investment awards in categories ranging from ‘best mutual fund performance’ to ‘best fund manager’, consecutively.

Riyad Capital offers a wide spectrum of investment services and activities covered by its Wealth and Assets Management, Corporate Investment Banking and Brokerage operations.

Riyad Capital’s range of investment banking services include, IPO Advisory, secondary offerings, equity and debt private placements, mergers and acquisitions, structured finance and Sukuk advisory In addition, it offers a wide range of structured finance products including securitization of assets (through Islamic and conventional structures), various Islamic structured products (such as Musharaka's), and raising debt through balance sheet restructuring. Advisory services are also offered to potential clients interested in raising debt through the issuance of Islamic Sukuks in the Saudi market.

Despite Riyad Capital's recent incorporation, its efforts have already been recognized through it being the lead advisor and underwriter amongst the list of financial advisers in the Medial East and North Africa (MENA Region).*

Riyad Bank has been awarded the highest ratings by the most esteemed international credit rating agencies. Fitch has awarded the bank an "A+" rating for long term liabilities and an "F1" for short term liabilities. Standard & Poor's have awarded Riyad Bank “AA-” and "A-1" ratings for long term and short term liabilities respectively; this is the highest credit rating among banks in the Kingdom. Additionally, Riyad Bank has been awarded an "AA-" for long term liabilities and an "A+" for short term liabilities from Capital Intelligence.

Riyad Bank has also been a pioneer in supporting emerging enterprises through providing a comprehensive range of banking solutions specifically designed for the Business Banking needs of Small and Medium size Enterprises. The Bank has also launched a dedicated website in support of these businesses, through which it provides guides covering areas such as Financing, Human Resources and Customer Service and offers software, business forms, training and more to help businesses grow and succeed.

In addition, the Bank provides business guidance and access to additional capital resources and is an active member of the SME Kafaala finance program.

According to our religion and social obligations and responsibilities towards our society and each individual, Riyad Bank has actively pursued one of its core values to "Serve Society Proudly". Riyad Bank is committed to participating in the continuous development of the society in which it operates and this has culminated in support of social, humanitarian and charitable organizations and sponsorship of activities in pursuit of this objective, throughout the year, across the different regions of the kingdom. The Bank launched its Ramadan Charitable Campaign to help needy and destitute families in shelter camps in the Southern Region and across the kingdom. This saw the distribution of thousands of food baskets by Riyad Bank employees, who proudly volunteered to serve their community.

Professional Consultancy Partner

Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate.

Deloitte's 165,000 professionals are committed to becoming the standard of excellence.

Endorsers

CCL

CCL has been guiding firms through the complexities of financial services regulation for over 20 years and was the first purely compliance based consultancy firm to establish offices in the GCC.

To date, with offices in Dubai, Doha and London, the CCL Group has helped over 500 organisations become authorized globally. As compliance is all we do, you know you’ve got experienced professionals working on your behalf to assist you in all aspects of compliance, from establishing your firm to meeting your ongoing requirements as your firm grows.

Our Directors and Consultants all have extensive experience in the financial services industry as former Compliance Officers or Regulators from a wide range of firms and types of business.

CCL provides a comprehensive range of regulatory compliance services including:

• Authorization
• Compliance Advice
• Documentation
• Compliance Outsourcing
• Anti-Money Laundering
• Risk Management
• Corporate Governance
• Regulatory & Compliance Training

 

Barclay Simpson

As the leading corporate governance recruitment specialist in the Middle East, Barclay Simpson are proud to sponsor the 4thannual GCC Regulators Summit. The corporate governance market continues to be in the global spotlight. Its development in the Middle East region will without doubt be a major factor in how businesses deal with the challenges ahead, both locally and internationally. As a key partner of Barclay Simpson, Complinet offer an invaluable resourcing tool and an important insight into the technical corporate governance market. Barclays Simpson looks forward to contributing towards the success of the summit which plays an important role in promoting good corporate governance in the region.

Contact Matt Crocombe on +971 44 01 9809
mc@barclaysimpson.com

Investment Community Partner

Zawya

Zawya focuses on the developing business and investment environment in the Middle East. The company provides professionals with the means to identify, assess and monitor business and investment opportunities in both the public and private markets. Thousands of premium members use Zawya’s information resources, technology applications and online network to better connect to opportunities across the GCC, Levant, Iraq and North Africa. Zawya operates through two separate divisions, Professional Investors and Business Development Services, specifically set to empower members according to their needs. Headquartered in Dubai, Zawya also has presence in Saudi Arabia, Bahrain and Lebanon.