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24.43000 SAR
0.01
0.04%
Last update Jun 1, 3:00 PM +03
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Day range
24.25
24.51000
Previous close
24.44000
Open
24.42000
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Bank Albilad
24.43
0.01
0.04%

Overview

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Description

Bank Albilad is a Saudi joint stock bank that provides Sharia-compliant banking and financial services across the Kingdom of Saudi Arabia. Headquartered in Riyadh and founded in 2004, the bank structures its activities around four main segments: Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage. In retail banking, Bank Albilad offers current and savings accounts, personal and real estate financing, auto financing, remittance services, and currency exchange, serving individual and small business clients. Its corporate banking division delivers deposit solutions, working capital and asset financing, trade finance, and structured financing products to corporates and commercial enterprises. The treasury segment manages liquidity, money market activities, and trading in Sharia-compliant instruments. Through its investment banking and brokerage arm, the bank provides asset management, investment management, securities dealing, custody, and advisory services. Bank Albilad plays a notable role in the Saudi financial system by focusing on Islamic finance solutions and offering a broad product set to retail, SME, and corporate customers through physical branches and digital channels.

About

CEO
Mr. Abdulaziz Bin Mohammed Bin Ali Al Onaizan
Employees
3665
Address
8229 Al Mutamarat
Unit 2
Riyadh, 3952-12711
Phone
966 11 479 8888
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
Saudi Arabia
MIC code
XSAU
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