The Saudi National Bank announced on January 14, 2026, its intention to issue U.S. dollar-denominated additional tier 1 capital notes under its $5 billion international programme established on December 11, 2025. The offer will be made directly to eligible investors in Saudi Arabia and internationally, with the amount and terms to be determined based on market conditions. The bank's board approved the decision on January 7, 2026, with proceeds aimed at improving Tier 1 Capital, supporting general corporate purposes, and fulfilling strategic objectives. The issuance will be subject to regulatory approvals and compliance with relevant laws.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.