
Bank Albilad is a Saudi Arabian bank that offers a wide range of financial services to its customers. It was founded in 1982 and is headquartered in Riyadh, Saudi Arabia.
The bank provides various banking services, including personal and corporate banking, investment banking, and Islamic banking.
Bank Albilad is committed to providing innovative and technologically advanced banking solutions to its customers.
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Leadership and Management
Bank Albilad has a strong leadership team in place, with Abdul Aziz Al-Onaizan serving as the CEO since February 2016.
Abdul Aziz Al-Onaizan has been at the helm of the bank for over 6 years, providing stability and direction to the organization.
The Director of Finance and CFO is Hisham Al-Akil, who joined the bank in January 2017.
The bank's leadership team also includes Abdulaziz Al-Ghufaili as the Chief Tech/Sci/R&D Officer, although his age is not publicly disclosed.
Nasser Al-Subaie is the Chairman of the bank, taking on the role in April 2022.
The Shariah Board of the bank is comprised of two members: Muhammad Al-Osaimi and Abdullah Al-Ammar, although their ages are not publicly disclosed.
Here is a brief overview of the bank's leadership team:
Financial Information
Bank Albilad reported a profit of SAR 2.8B in 2024, an 18% increase from the previous year.
The bank's quarterly profits show a steady rise, with Q4 2024 at SAR 789.9M, a 15% increase from Q1 2024's SAR 643.1M.
Bank Albilad's annual revenue was $1.1 billion in 2025.
Here are the bank's quarterly profits for 2024:
Financial Institutions
Financial Institutions have been making headlines recently, and I'd like to share some key updates with you.
FAB Securities has lifted its rating for Bank Albilad, assigning a Hold rating.
Saudi's Ladun Investment made a notable sale, selling Riyadh Land for SAR117.5 million on February 17th.
Bank Albilad has been the subject of a rating update, with FAB Securities lifting its rating and affirming a Hold rating.
The sale of Riyadh Land by Ladun Investment was a significant transaction, with the property changing hands for SAR117.5 million.
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Annual Revenue
Annual revenue is a key indicator of a company's financial health. Bank Albilad's annual revenue was $1.1 billion in 2025.
The company's annual revenue has been increasing over the years, with significant growth in 2024. Bank Albilad's profit up 18% to SAR 2.8B in 2024; Q4 at SAR 789.9M.
Here's a breakdown of Bank Albilad's quarterly earnings for 2024:
Bank Albilad's annual revenue and quarterly earnings demonstrate a strong financial performance in 2024.
Valuation
Valuation is a crucial aspect of financial analysis, and it's essential to understand the various metrics involved.
The capitalization of Bank Albilad has fluctuated over time, ranging from 9.95B to 50.03B.
A company's market value can be measured by its enterprise value, which for Bank Albilad has ranged from 1,095B to 1,882B.
The free-float of Bank Albilad's shares is 59.32%, indicating that a significant portion of the company's stock is available for trading.
The price-to-earnings (P/E) ratio is a key valuation metric, and for Bank Albilad, it's projected to be 16.1x in 2025 and 14.3x in 2026.
The enterprise value-to-sales (EV/Sales) ratio is another important metric, and for Bank Albilad, it's projected to be 7.55x in 2025 and 6.81x in 2026.
Here are the projected yields for Bank Albilad's shares:
Services and Operations
Bank Albilad offers a range of services that cater to the needs of its customers. The bank provides retail banking products, which can be used for everyday transactions.
The bank also offers business products, making it a one-stop-shop for entrepreneurs and small business owners. These products can help businesses grow and thrive.
Bank Albilad's investment arm, Albilad Capital, provides investment products that can help customers grow their wealth. This includes a range of options, from conservative to more aggressive investments.
The bank's international remittance services, provided through its arm Enjaz, make it easy to send money across borders. This is especially useful for people who have family or friends living abroad.
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Services
Bank Albilad offers a range of products and services that comply with Sharia law. This means their financial products are designed to be in line with Islamic principles.
The bank provides retail banking products for personal use, as well as business products for companies. Their business products are designed to meet the needs of entrepreneurs and small businesses.
Bank Albilad also offers investment products through its investment arm, Albilad Capital. This allows customers to invest in a variety of assets while adhering to Islamic principles.
The bank's remittance arm, Enjaz, provides international remittance services. This makes it easy for customers to send money to other countries.
Bank Albilad's services are designed to be convenient and accessible, with a range of options available to meet different needs.
NAICS Code For
The NAICS code for Bank Albilad is 522110. This code is used to identify the bank's industry and operations.
Bank Albilad's NAICS codes are 522, 5221, 52, 52211, and 522110, indicating its classification as a credit intermediation and related activities business.
NAICS codes are crucial for businesses to accurately categorize their industry and operations, allowing for better classification and analysis.
The NAICS code 522110 specifically identifies Bank Albilad as a commercial banking business.
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Investor Relations
Bank Albilad has a dedicated Investor Relations department that provides regular updates to investors and analysts.
The department is headed by a seasoned executive with over 15 years of experience in the financial sector.
Bank Albilad's Investor Relations team is committed to maintaining transparency and providing timely information to stakeholders.
The bank's Investor Relations website is regularly updated with financial results, presentations, and other relevant information.
Investors can also contact the Investor Relations team directly to request information or schedule a meeting.
Bank Albilad's Investor Relations team is available to answer questions and provide guidance to investors and analysts.
The bank's Investor Relations department is based in Riyadh, Saudi Arabia, and serves clients across the region.
Public Information
Bank Albilad has been in the news lately, and if you're interested in learning more about the bank, here are some key facts from their public information.
In November 2021, Bank Albilad announced a recommendation from its board of directors to increase the bank's capital.
Bank Albilad has also been involved in various agreements and partnerships, including a reinsurance agreement with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) in August 2022.
Here are some key dates related to Bank Albilad's public information:
- October 11, 2021: Bank Albilad announces a recommendation from its board of directors to increase the bank's capital.
- August 6, 2022: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Saudi EXIM Bank secure a key reinsurance agreement.
- November 9, 2024: Saudi Arabia's banks see continued growth in loans & advances, deposits, and profitability in the second quarter.
Where Is Based?
Bank Albilad is based in Riyadh, Ar Riyad.
The Saudi National Bank is based in Riyadh, Ar Riyad.
Al Rajhi Bank is based in Riyadh, Ar Riyad.
Latest News
Public information is crucial for staying informed about important updates and developments. Bank Albilad has been in the news lately with several significant announcements.
FAB Securities lifted Bank Albilad's PT, affirming a hold rating on 02-28.
Bank Albilad has been actively involved in various financial transactions, including selling Riyadh Land for SAR117.5 million on 02-17.
The bank's earnings results for the full year ended December 31, 2024, were reported on 02-11.
Tadawul closed in green ahead of key economic data on 02-09.
Bank Albilad plans to increase its capital by SAR2.5 billion, as announced on 02-09.
Its boards have recommended issuing one bonus share for every five shares, also announced on 02-09.

SNB Capital Research noted Bank Albilad's "strong" Q4 2024 earnings report on 02-05.
Bank Albilad posted higher FY24 net profit and total operations profit on 02-04.
Here are some key announcements from Bank Albilad in the past few months:
Bank Albilad's growth and developments are worth keeping an eye on, especially with its plans to increase capital and issue bonus shares.
Employment and Industry
Bank Albilad has a significant workforce, with 5,258 people employed at the bank.
The bank's large staff suggests a comprehensive range of services and operations.
This sizeable workforce also implies a strong presence in the market, allowing Bank Albilad to cater to a wide variety of customers.
Top Employees
The best employees are often those who have a strong work ethic and are willing to learn new skills. This can be seen in the high demand for professionals with expertise in emerging technologies like AI and data science.
According to recent studies, the top employees are those who are able to adapt quickly to new situations and are not afraid to take calculated risks. This is reflected in the growing trend of companies investing in employee training and development programs.

A good employee is also one who is able to effectively communicate with their colleagues and is a team player. This can be seen in the importance of collaboration and communication skills in the modern workplace.
Employees who are able to think critically and solve problems independently are also highly valued. This can be seen in the increasing demand for professionals with expertise in areas like project management and operations.
In today's fast-paced work environment, it's not uncommon for employees to be expected to work long hours and be available 24/7. However, this can lead to burnout and decreased productivity if not managed properly.
Employment Numbers
5,258 people are employed at بنك البلاد | Bank Albilad.
The number of employees at بنك البلاد | Bank Albilad is substantial, showing the bank's significant presence in the industry.
This is a notable figure, especially considering the impact it has on the local economy.
These employees are the backbone of the bank, working tirelessly to provide excellent service to customers.
SIC Code for بنك البلاد
The SIC code for بنك البلاد | Bank Albilad is a specific classification used in the industry. The SIC codes for بنك البلاد | Bank Albilad are [602, 60].
If you're looking to understand the industry classification of a business, knowing the SIC code is essential. The SIC code for بنك البلاد | Bank Albilad is 602 and 60.
Frequently Asked Questions
Is Bank Albilad an Islamic bank?
Yes, Bank Albilad is an Islamic bank, committed to applying Sharia principles in all its transactions. This is made possible by its Sharia Committee, comprising scholars specializing in Islamic finance and economy.
How to open an Albilad account online?
To open an Albilad account online, download the Albilad App, select "Join Us" and follow the in-app instructions to create your account. This process typically takes a few minutes and requires authentication through IAM Service/Absher or an Albilad ATM.
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