Here's a review of bank branches in Saudi Arabia in Q1 2020

The Saudi British Bank (SABB) shut 7 branches by the end of Q1 2020, while Riyad Bank and Arab National Bank (ANB) closed down 2 branches and 1 branch, respectively.

Meanwhile, Samba Financial Group shut 1 branch, and opened 1 other.

National Commercial Bank (NCB) and Alinma Bank added 2 branches, each, while Al Rajhi Bank opened 1 branch.

As many as 14 foreign banks are currently operating in the country, including Emirates NBD (4 branches), Gulf International Bank (3), National Bank of Kuwait (3), as well as 1 branch for BNP Paribas of France, Deutsche Bank of Germany, Bank Muscat, National Bank of Bahrain (NBB), and JPMorgan Chase & Co. of the United States, Pakistan National Bank, Ziraat Bank of Turkey, Qatar National Bank, First Abu Dhabi Bank, Industrial and Commercial Bank of China and Tokyo-Mitsubishi UFJ.

Saudi banks had 2,048 branches by the end of Q1 2020, topped by Al Rajhi Bank with 545 branches. It was followed by NCB (436), Riyad Bank (308), ANB (137), and SABB (125).

Riyadh had the biggest number of bank branches which hit 623. Makkah followed with 442 branches, and the Eastern Province with 406 branches.

In addition, average assets per branch rose to SAR 1.316 billion in Q1 2020 from SAR 1.267 billion by the end of 2019.

Average loans increased to SAR 789 million per branch, with average deposits also rising to SAR 874 million per branch.