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Business Review

At Bank Albilad, the strategic integration of our core banking functions – Retail, Corporate, and Treasury – remains pivotal in achieving operational excellence.

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.

Our business success is deeply rooted in the expertise and dedication of our team. Throughout 2024,

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.

Innovative recruitment strategies and continuous professional development programs have been instrumental in maintaining a workforce that is both skilled and motivated, ensuring we remain at the forefront of the industry.

Bank Albilad’s achievements are greatly enhanced by our robust partnerships. In 2024,

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.

As we align our operations with Vision 2030, these relationships are crucial for driving progress in sectors vital to the Kingdom’s transformative agenda.

Our strategic endeavors in 2024 were guided by a clear and purposeful vision.

We continued to innovate within our Sharia-compliant product offerings and digital services, ensuring alignment with Saudi Arabia’s Vision 2030.

This strategic alignment aims to achieve significant economic and social outcomes, as well as to secure sustainable value for our stakeholders over the long term.

As we move forward, Bank Albilad is well-positioned to capitalize on the opportunities presented by a dynamic economic environment.

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 ongoing commitment to innovation and excellence ensures that we continue to contribute meaningfully to the nation’s ambitious economic goals.

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Retail Banking

In 2024, the Retail Banking Group at Bank Albilad sharpened its focus on enhancing customer engagement through digital enablement and enriching the value proposition offered to customers.

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.

The year was marked by significant
milestones that underscored our
leadership in the financial sector.

For more information about Retail Banking,
please download the full report by visiting
our Download Center.

Corporate Banking

In 2024, the Corporate Banking Group at Bank Albilad continued to strengthen its role as a pivotal connector between the bank and its diverse corporate clientele.

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.

For more information about corporate Banking,
please download the full report by visiting
our Download Center.

retail

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

0,000Million

Syndicated Medium Term
Credit Facility Agreements
with ROSHN Group.

Treasury

Bank Albilad Treasury is principally responsible for managing the bank’s liquidity & market risk, building multi-asset class investment portfolio, complying with balance sheet level regulatory guidelines and supporting various businesses in achieving their business targets.

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.

For more information about treasury,
please download the full report by visiting
our Download Center.

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