Industry Sector: Finance, Insurance & Banking | Official Classification: SSIC 641911 โ National (local) commercial banks
Authoritative Standard: Saudi SSIC 2026
To legally establish or license a Blood bank (ุจููู ุชุฌุงุฑูุฉ ูุทููุฉ) in the Kingdom of Saudi Arabia, the official primary economic activity code registered with the Ministry of Commerce (MC) and municipal authorities is SSIC 641911 โ National (local) commercial banks.
This classification governs municipal commercial zoning on the Balady portal, MISA foreign investment licensing (subject to sector criteria), Qiwa electronic employment contracts, and Nitaqat Saudization benchmarks under the Ministry of Human Resources and Social Development (MHRSD).
Saudi SSIC Code: SSIC 641911 โ National (local) commercial banks
Arabic Designation: ุจููู ุชุฌุงุฑูุฉ ูุทููุฉ (ู ุญููุฉ)
Parent Economic Group: 6419 โ Other types of monetary intermediation
Section Category: Section K โ Financial and insurance activities
Governing Authority: Saudi Central Bank
Municipal / Sectoral License: Ministry of Finance
| Regulatory Parameter | Specification in Saudi Arabia |
|---|---|
| Business Entity / Activity | Blood bank (ุจููู ุชุฌุงุฑูุฉ ูุทููุฉ) |
| Primary Saudi SSIC Code | 641911 โ National (local) commercial banks |
| Parent Classification Group | 6419 โ Other types of monetary intermediation |
| Economic Section Category | Section K โ Financial and insurance activities |
| Industry Sector | Finance, Insurance & Banking |
| Supervisory Government Body | Saudi Central Bank |
| Operational Licensing Portal | Ministry of Finance |
| MISA Foreign Investment | Eligible under general regulatory framework (Subject to MISA criteria & sector rules) |
| Commercial Registration (CR) | Instant Digital Issuance via Ministry of Commerce |
| Labor & Saudization Compliance | Qiwa Portal & Nitaqat Framework (Benchmark depends on company headcount) |
641911.641911.| Verification Parameter | Official Status | Verification Source |
|---|---|---|
| Commercial Code Mapping | โ Standard Match | Mapped to primary activity SSIC 641911 |
| GASTAT National Framework | โ Active Standard | Official Saudi SSIC 2025/2026 Edition |
| Instant CR Issuance (Ministry of Commerce) | โ Eligible | Commercial Registration Law (Direct Digital Issuance) |
| MISA Foreign Investment Eligibility | โ General Framework | Foreign investment permitted subject to MISA licensing criteria |
| Licensing Platform | โ Documented | Ministry of Finance |
The official primary classification code is SSIC 641911 (National (local) commercial banks).
Yes. Under the Ministry of Investment (MISA) regulatory framework, foreign companies and entrepreneurs can establish commercial entities subject to standard licensing rules.
Supervision is overseen by Saudi Central Bank, and municipal premises licenses are issued via the Balady portal.
You can amend your Commercial Registration online through the Ministry of Commerce portal by adding code 641911.
Related Finance, Insurance & Banking Businesses: Accountant ยท Accounting firm ยท Auditor ยท Bank ยท Bookkeeping service ยท Chartered accountant
Official Classification Standard: General Authority for Statistics (GASTAT) โ SSIC 2026.
Primary Entity Reference: SSIC 641911 โ National (local) commercial banks
This page is an independent regulatory lookup tool. Always verify specific commercial activity requirements on official government portals (Ministry of Commerce, MISA, Balady, and ZATCA) before finalizing legal filings.