🇸🇦 SaudiBizCode 2026
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SSIC 641912 activity

Branches of foreign commercial banks

فروع بنوك تجارية أجنبية

Compliance Risk Score

75/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Has cross-references to other systems

📌 Description

SSIC 641912: Branches of foreign commercial banks. Supervised by Saudi Central Bank. Used for company registration, Nitaqat, and licensing in Saudi Arabia.

📖 Description

Commercial banks that are headquartered outside the Kingdom and have branches in the Kingdom and engage in some of the banking business activities described above.

Supervisory entity: Saudi Central Bank

Licensing entity: Ministry of Finance

Occupations Related to this Activity

233003 Secondary Teacher of Foreign Language 233027 Intermediate School Teacher of Foreign Language 234103 Primary Teacher of Foreign Language 235301 Foreign Language Teacher 243106 Commercial Specialist

Related Codes

641911 National (local) commercial banks 641932 Technology in Financial Services 641933 Management and Operating cash Centers 641934 The Banking Agencies

When to use this code

🏢
Company Registration

Ministry of Commerce — Commercial Registration

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Nitaqat

Saudization quotas by sector via Qiwa

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Licensing

Permits from supervisory authorities

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Statistics

National reporting — GASTAT

FAQ

What is SSIC code 641912?

SSIC code 641912 corresponds to 'Branches of foreign commercial banks' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a activity-level code used in business registration and government filings in Saudi Arabia.

When should I use SSIC 641912?

Use SSIC code 641912 when your main business activity is 'Branches of foreign commercial banks'. You will need it for: company registration at the Ministry of Commerce, Nitaqat Saudization compliance, GOSI registration, and statistical reporting.

What Saudization rate applies to SSIC 641912?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 641912. Rates were updated in 2025-2026 for most sectors.

📋 Data Source & Disclaimer

Data source: General Authority for Statistics (GASTAT) — SSIC/SSCO 2026 Edition.

This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.

This is an independent, free reference resource. Please verify critical information in official government sources before making legal or licensing decisions.
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