Established in 2004, this foundational strategy continues to elevate our status among premier Saudi banks by ensuring cohesive and efficient service delivery across all customer touchpoints.
We have maintained our unwavering commitment to cultivating a workforce that possesses the requisite expertise to effectively navigate the intricate challenges of the contemporary financial environment. In response to the evolving labor market dynamics, we enhanced our focus on attracting, training, and retaining top talent.
we deepened our collaborations with key governmental bodies and expanded into new sectors such as digital commerce and green finance. These partnerships not only enhance our business offerings but also reinforce our dedication to supporting initiatives that have significant social and economic impacts.
We continued to innovate within our Sharia-compliant product offerings and digital services, ensuring alignment with Saudi Arabia’s Vision 2030.
Our robust foundation and strategic initiatives are set to drive sustained growth, delivering substantial benefits to our shareholders, customers, and the broader Saudi economy.
Our strategic efforts were aimed at delivering an unparalleled customer experience to boost market share and expand our customer base, alongside improvements in our asset and liability portfolio to drive profitability. This strategy supported our goal to position Bank Albilad as the preferred choice for innovative Islamic banking solutions, catering to a diverse clientele including private banking, affluent, and mass market segments, as well as SMEs and government entities.
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The Group has diligently fostered relationships across various sectors including large corporates, MSMEs, Funds and REITs, and governmental bodies, ensuring that all operations are fully compliant with Sharia principles while driving forward the bank’s innovative financial solutions.
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This year, the group focused on pivotal advancements in financial product offerings, which have significantly enhanced our market presence.
The Corporate Banking Group
contributed with
Syndicated Medium Term
Credit Facility Agreements
with ROSHN Group.
Treasury manages the bank’s balance sheet funding requirements proactively and adapt accordingly to evolving market conditions.
During 2024, Treasury carried out a significant organizational restructuring exercise for better customer experience, operational excellence, and revenue optimization. Treasury team is confident that this initiative will be a building block for future business growth and capturing market share.
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