J.P. Morgan celebrates 80 years in the Kingdom of Saudi Arabia

May 14, 2014

J.P. Morgan has a committed and long-standing history of serving clients in Saudi Arabia dating back to the 1930s when its predecessor firm, Morgan Guaranty Trust Company, helped U.S.-based oil companies strengthen their local operations.

Over the past 80 years, J.P. Morgan has invested in delivering solutions for clients from all major industries and strengthening local communities through the firm’s corporate responsibility program.

Today, 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. JPMorgan Chase Bank, NA has a banking license and is regulated by the Saudi Arabian Monetary Agency. J.P. Morgan Saudi Arabia Limited holds a securities license and is regulated by the Capital Market Authority.

The firm is committed to investing in the Kingdom by helping companies locally, as well as by helping local companies set up abroad.

Learn more about J.P. Morgan in the Middle East & North Africa.



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