Are you on the HSBC Saudi Arabia team?
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Claim this company →HSBC Saudi Arabia is a Saudi closed joint stock company headquartered in Riyadh. The company was established in 2005 as a limited liability company with a share capital of SAR 50 million (US$13.33 million). HSBC Holdings originally held a 49% stake with SABB holding 51% until October 2019 when HSBC Group acquired shares from SABB to become the major shareholder with 51% stake.
The bank provides services in corporate finance, asset management, equity brokerage and security. HSBC is the largest investment bank in the Middle East, acting on the majority of jumbo IPOs in recent years and has advised on landmark transactions including the Aramco IPO, Aramco's secondary offering, and several high-profile listings on the Saudi Exchange. It employs more than 300 employees. The bank is a component on the Tadawul Exchange.
Recent Leadership News
In December 2025, Saudi Arabia's Ministry of Investment granted HSBC a Regional Headquarters licence for its Capital Markets and Advisory business, with the new entity HSBC Capital RHQ allowing the bank to consolidate and further scale its investment banking operations in the Kingdom. Faris AlGhannam, CEO and board member of HSBC Saudi Arabia, also serves as CEO of the new RHQ.
Sources
- HSBC Saudi Arabia - Wikipedia
- HSBC wins Saudi regional HQ licence for investment banking arm - Arabian Business
- Company Profile | HSBC Saudi Arabia
- HSBC boosts Middle East investment banking with Saudi RHQ licence - TradeArabia
Auto-generated profile. Facts compiled by Executive Moves' AI editorial assistant from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
