Moody's Maintains SNB Capital's Rating on Strong Domestic Market Position, Parent Integration

12:06 AM EST, 12/09/2025 (MT Newswires) -- Moody's Ratings on Monday affirmed its long-term issuer ratings on SNB Capital Co at A2, with a stable outlook. The rating reflects SNB Capital's close integration with Saudi National Bank (SASE:1180), with Moody's noting that the Saudi asset manager's product offering complements that of its parent and supports significant cross-sale opportunities. The rating agency also highlighted the company's strong domestic market position, solid revenue diversification, and robust profitability margins. Meanwhile, the stable outlook indicates Moody's expectations that SNB Capital will maintain its sound revenue generation and profitability, sustaining its leading market position in both asset management and brokerage. SNB Capital is the asset management and investment banking business of Saudi National Bank.