Moody's Affirms Saudi National Bank's Rating on Strong Domestic Position, Asset Quality

11:53 PM EDT, 09/24/2026 (MT Newswires) -- Moody's on Thursday maintained Saudi National Bank's (SASE:1180) Aa3/P-1 long- and short-term local and foreign currency deposit ratings, with a stable outlook. The rating action is supported by the Tadawul-listed lender's leading domestic position in retail and corporate lending, sustained asset quality strength, sound liquidity, robust capitalization, and the "high probability" of support from the Saudi Arabian government. Meanwhile, the stable outlook is based on the rating agency's expectations that the bank will maintain strong asset quality and profitability to offset the impact of fast credit growth on capital and funding, and also takes into account the stable outlook on the Saudi government.