Saudi Hollandi Bank, founded in 1926, is Saudi Arabia’s first operating bank. Originally known as ‘The Netherlands Trading Society’, its main business was providing financial services to Haj pilgrims from Indonesia. As the Kingdom’s only bank, it acted as the central bank, keeping the Saudi’s gold reserves and receiving oil revenues on behalf of the government.
The bank has grown extensively since then and as of December 2012, employs over 1,500 staff and operates 45 branches.