Bank Albilad and SMSA Company has launched the first activity of banking agency in the Kingdom of Saudi Arabia, at Al Munsiyah district of Riyadh city. Bank Albilad, through its banking agent SMSA, will provide personal and corporate banking services including opening accounts, and providing financing products, cards, and remittances as well as other banking services through the service centers of SMSA Express Transportation Company. Exerting such efforts, Bank Albilad aims at enhancing its banking role through being present in various regions of the Kingdom to help achieve the vision and objectives of the Saudi Central Bank which are in line with the objectives of the Financial Sector Development Program. Being one of the Kingdom’s Vision 2030 programs, this program is related to the inclusion of the sector of financial services aiming at expanding banking services and products and enhancing the financial inclusion of community members. The inauguration procedures were attended by Mr. Bandar Al-Hamqi, Head of Business Development and Network Expansion at Bank Al-Bilad, and Mr. Khaled Al-Yassin, Director of Strategic Projects at SMSA.

Commenting on the inauguration, Mr. Abdulaziz bin Muhammad Al-Onaizan, the CEO of Bank Albilad, said, “We are pleased at Bank Albilad to officially launch the first activity of banking agency with SMSA Express Transportation Company, to provide our banking services through SMSA centers located in all regions of the Kingdom. Bank Albilad will provide several personal, corporate and institutional services offering distinctive and competitive options, that put us very close and accessible to our clients all over the Kingdom. Al-Onaizan explained that Bank Albilad will gradually expand the provision of its services through SMSA branches, and will announce the launch of the banking agency in cooperation with many strategic partners. Our clients will enjoy an integrated digital experience and customer service that lives up to their aspirations. Al-Onaizan also stated that the inauguration of the banking agency will support achieving the vision and objectives of the Saudi Central Bank aiming at expanding banking services and products and enhancing the financial inclusion of the various segments of the community.

Eng. Majid bin Musa Al Ismail, General Manager of SMSA, stated, “At SMSA, we are proud of being the first Saudi company to obtain a banking agency license to provide banking solutions and services through our strategic alliance with the leading national bank (Bank Albilad).

Providing such services through the company’s service centers will enhance the inclusion of the services and added value provided to clients. This goes in line with our expansion strategy concerning the sectors in which we operate, so as to enhance the market value for us and for our partners.”

SMSA is the first Saudi international company for express transportation and logistics that holds several international certificates in quality, occupational health, safety, customer service, and environmental protection. Since its incorporation in 1994, SMSA has been distinguished by providing a full range of integrated services, including land, air and sea transportation, warehousing and logistical solutions, express transportation (Express), and customs clearance. Over the years, the company managed to add many services, including e-commerce solutions, online shopping, refrigerated transportation services, health care and medicine services, special distribution channels, mailroom services and solutions, and telecom sector services, in addition to many other services that qualify the company to be a comprehensive station for providing all the logistical needs of corporate and individuals.

Bank Albilad provides its services to all customers through a wide network of more than 150 branches spread all over the Kingdom, in addition to 5 sales centers in “Riyadh, Jeddah, Dhahran, Jubail and Al-Kharj” that work until 9:00 pm. Bank Albilad provides services of money transfer and foreign currency exchange through its remittance arm “Enjaz” via more than 170 centers all over the Kingdom, supported by a network of more than 900 ATMs. Bank Albilad also provides the latest integrated e-services all day long including “Albilad Net”, Albilad App for smart phones, and international money transfer Enjaz App for smart phones. Bank Albilad provides around-the-clock communication service with its customers via Albilad phone: 920001002, WhatsApp: +966920001002, and toll-free number from inside the Kingdom: 8001230000 for comments and inquiries or through social media: @Bankalbilad / @Enjazalbilad on “Twitter”, “Facebook”, “Instagram”, “LinkedIn” and “Snapchat”.