- 1933: Guaranty Trust Company helps U.S.-based oil companies strengthen operations in Saudi Arabia.
- 1950s: Chase Manhattan Bank’s David Rockefeller, the future CEO and chairman, is closely involved in reforming Saudi Arabian finance as one of the founders of the Saudi Arabian Monetary Agency (SAMA) in the 1950s. Chase serves as a major depository for SAMA for many years.
- 1975: The Saudi Arabian Monetary Agency establishes a merchant bank in London (the Saudi International Bank) to serve as the premier bank for Saudi Arabian investments and activities and calls upon Morgan Guaranty Trust Company to provide management services. Morgan Guaranty receives a 20% interest in the new bank.
- 2006: J.P. Morgan opens an office in Riyadh.
- 2012: The firm opens a branch in Riyadh, where products across the Corporate & Investment Bank and Markets & Investor Services are offered. At this time, the firm is the only U.S. headquartered bank in Saudi Arabia.
- 2016: J.P. Morgan leads the largest emerging market bond sale in history, helping Saudi Arabia to tap the international debt market for the first time, with a US$16.5 billion debt issue.
About us
We are the only U.S.-headquartered financial institution with two operating licenses in Saudi Arabia, providing access to a comprehensive range of products and global banking capabilities for clients in the country. We are regulated by the Saudi Arabian Monetary Authority and the Capital Market Authority.
We have a committed and long-standing history of serving clients in the Middle East for over 100 years. Today, we operate across offices in Abu Dhabi, Beirut, Cairo, Doha, Dubai, Manama and Riyadh.
Leveraging our expertise across Commercial & Investment Banking (CIB) and Asset & Wealth Management (AWM), J.P. Morgan has established a robust presence in both Dubai and Abu Dhabi. Our strategic approach is deeply rooted in a client-first philosophy across all lines of business, ensuring that we deliver tailored solutions that meet the unique needs of our clients. In ADGM, our booking location serves as a vital centre for global connectivity, enabling both local and international clients to optimize their treasury operations for enhanced business value. This is also a strategic booking location, allowing us to provide advanced payments services, solutions, and the flexibility to support the diverse needs of our clients.
J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. As announced in 2020, JPMorganChase will deploy $2 billion in philanthropic capital around the world by 2025. We also lead volunteer service activities for employees in local communities by utilizing our many resources, including those that stem from access to capital, economies of scale, global reach and expertise.
Islamic banking
J.P. Morgan is dedicated to developing products and services that observe and respect Sharia-compliant ethical principles. Our main goal is to provide Islamic banking solutions to clients with increasingly sophisticated financing needs.
By leveraging the firm's unique structuring platform, J.P. Morgan has developed a range of Sharia-compliant products to address the needs of this growing market. Our Sharia-compliant product offering today spans debt and equity capital markets, investor products, cash management and Murabaha liquidity products, risk management and asset management funds.
Our local history
With a legacy dating back to 1799, we have a history of demonstrating leadership during times of both economic growth and financial instability. Below you will find major milestones from the firm’s history in Saudi Arabia. The institutions listed in the timeline are several examples of the over 1,200 predecessors that make up today’s JPMorgan Chase.
What problem can we solve together?
What problem can we solve together?
Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.
Let J.P. Morgan empower your business to thrive by unlocking value from innovative, end-to-end solutions and integrated platforms.
Direct access to market leading liquidity harnessed through world-class research, tools, data and analytics.
Helping hedge funds, asset managers and institutional investors meet the demands of a rapidly evolving market.
Helping institutional investors, traditional and alternative asset and fund managers, broker dealers and equity issuers meet the demands of changing markets.
Local presence
J.P. Morgan is the only U.S.-headquartered financial institution with two operating licenses in Saudi Arabia providing access to a comprehensive range of products and global banking capabilities for clients in Saudi Arabia. J.P. Morgan Chase Bank, NA has a banking license and is regulated by the Saudi Central Bank (SAMA) and J.P. Morgan Saudi Arabia Company holds a securities license and is regulated by the Capital Market Authority.
J.P. Morgan Chase Bank NA, Riyadh Branch
J.P. Morgan Saudi Arabia Company
Contact us
For additional information regarding J.P. Morgan in Saudi Arabia, please contact us:
JPMorgan Chase Bank N.A., Riyadh Branch
Al-Faisalia Tower, Level 25
PO Box 51907 Riyadh 11553
Tel: +966 11 299 3800
Building No: 7277
Postal Code: 12212
Additional No: 3333
Tel: (+966) 11 299 3800
Fax: (+966) 11 299 3830
For general inquiries and global media contact information, please visit our Global Contacts.
IMPORTANT LEGAL ENTITY REGULATORY INFORMATION
JPMorgan Chase Bank, N.A. Riyadh Branch – Branch of a Foreign Company, Regulated by Saudi Central Bank.
Commercial Registration No.1010215443 | License No.2031026500
JPMorgan Chase Bank N.A., Riyadh Branch
- Al-Faisalia Tower, Level 25
PO Box 51907 Riyadh 11553
Tel: +966 11 299 3800
Building No: 7277
Postal Code: 12212
Additional No: 3333
Tel: (+966) 11 299 3800
Fax: (+966) 11 299 3830
Complaints
If you have any complaint, please contact us through the following:
- By post*: Client Complaints Unit, JPMorgan Chase Bank, Riyadh Branch, Al Faisaliah Tower, Floor 25, PO BOX 51907 Riyadh 11553, Saudi Arabia
- By email*: riyadh_client_escalation@jpmchase.com
- By phone: +966 11 299 3899
*Please utilize the Complaints Form.
J.P. Morgan Saudi Arabia Company (a single shareholder closed joint stock company)