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Employee Benefits

Club Membership

As a caring employer, SAIB pays a great deal of attention to your health and fitness. To enable you to remain fit, the Bank has arranged club membership with a leading Fitness Club at a subsidized rate.

Life Insurance

The Bank has taken out a life insurance policy on your behalf, amounting to 12 basic salaries. If you wish, you may increase this coverage by further 12 months or 24 months at your own expense.

Medical Insurance Plan

The Bank has obtained a medical insurance cover (VIP) for all employees and their eligible dependents.

Discounts for SAIB's Staff

All SAIB's staff are granted discounts at many shopping stores through our "Aseel" loyalty program (the largest discount program over the Kingdom). These discounts are available at more than 190 stores, in addition to the discounts and special benefits for SAIB's staff in many other stores.

Staff Loan

The Bank provides its employees different loans such as, Housing loan, Commercial loan for its Saudi Staff, Personal Loan Staff and Loan Against EOS for non-Saudi with low finance cost.

Recognition Program

The Employee Recognition Program aims at rewarding employees who have made outstanding efforts and achievements. Employee chosen by the Thank You Committee will receive a different prizes and a “Thank You” certificate signed by GM HR and the CEO

Educational Support

The Bank encourages its Saudi employees to take personal initiative to improve their knowledge and upgrade their academic credential in their career by pursuing higher studies. Upon completion of the study program the employee will be reimbursed the course fees subject to the Bank’s Policy