Corporate Profile
INVESTORS BANK Company Profile
The Bank was created following Sub-decree No. 1213 dated 10 October 1979 under the former regime of the State . In 2000, the Bank was separated from the direct management of the National Bank (“the Central Bank”) in order to transform its permanent identity into a state-owned commercial bank with the features of a Public Economic Enterprise and with the intention of conducting the autonomous business operation.
In January 2001, the Bank obtained its banking license from the Central Bank to operate as a commercial bank in the Kingdom for a period of three years starting from 4 January 2001. This was the first license granted to enable the Bank to operate as a separate legal entity independent from the Central Bank’s direct management. On 8 January 2004, the Bank obtained its 2nd banking license from the Central Bank for a period of three years starting from that date. The Bank now holds a commercial banking license, which was renewed for an indefinite period, on 21 December 2006. As A private commercial bank, INVESTORS BANK has been providing customers with safe and reliable banking services for almost 40 years.
Status | : Commercial bank |
Ownership Structure | : The joint venture between the State (10%) and private enterprise and individual (90%) |
Registered Capital | : USD 79,500,000.00 on 17th Oct 2019 |
First Bank License | : License no. 16, dated 4th January 2001 |
Registered Amendment | : An amendment to the Memorandum of the Articles of Association was registered at The National Bank on 12th April 2010 and a new one on 10th February 2016 |
Commercial Re-registration | : No.Co.8835M/2006, dated 21st June 2006 |