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2024
In Review

Increasing the Bank’s capital to 12.5 billion
Inauguration of “Albilad Verse” center to enhance children’s financial literacy
Launch of the Albilad Verse Application
Inauguration of a World-Class Data Center (Tier 4)
Adherence to implementing SAMA regulations and frameworks, with a key focus on maintaining the robustness of information systems and meeting required maturity levels
Introduction of a range of savings and investment products (Investment Wakalah, Awaed Albilad, and the Zood Savings Account in partnership with the Social Development Bank)
Launch of the Visitors Digital Account
Launched HR Mobile app (BAB) for Albilad Ambassadors
Collaboration with NEOM in a syndicated credit facility agreement valued at 10 billion
Implementing quality and operational efficiency improvement initiatives
The Smart Decisions system for credit approvals
The bank achieved the highest level of engagement on social media, exceeding 2.7 million.
Forming additional alliances in open banking with fintech companies
Expanding the customer base for the Tamkeen Plus card
Introducing a Customer Relationship Management system for phone banking and Albilad branches
Active contribution to government financing programs such as Kafalah and the SME Bank
Signing several cooperation agreements with an elite group of companies and government entities.
Donated 1 Million to Ehsan platform
Distributed 500 million of cash dividends to shareholders for 2023
Distributed 625 million of cash dividends to shareholders for H1 2024
Awarded ISO 37000 in Governance as the First Bank in the Kingdom
Awarded with Corporate Governance Excellence
The 2023 Sustainability report was published
Signing a cooperation agreement with Microsoft (AI)
Sponsoring of Saudi Capital Market Forum 2024
Sponsoring of Formula One for the third consecutive year

Collaboration with NEOM in a syndicated credit facility agreement valued at

SAR
BN

Increasing the
Bank’s capital to

.BN

Distributed


MN

of cash dividends to shareholders for 2023