SAIB provides investment banking services for individuals and companies, as well as stock trading and asset management, among other services. It operates through 51 branches in Saudi Arabia. In January 2023, SAIB increased the size of its tier 1 capital sukuk issuance program from $533.3 million to $1.3 billion. The bank recorded net profits of $402 million in 2022, an increase of 42% compared to 2021. The General Organization for Social Insurance is its largest shareholder, with a 25.6% stake.