Al Rajhi Banking and Investment Corp 2022 IR
The report details Al Rajhi Bank's financial and ESG performance for the fiscal year 2022, highlighting its position as the world's largest Islamic bank. Key achievements include a 16% year-on-year increase in net income to SAR 17.2 billion and a 22% growth in total assets to SAR 762 billion. The bank successfully issued its first Tier 1 local Sukuk and secured a landmark USD 1.165 billion green syndicated loan. Additionally, the bank expanded its digital footprint, reaching 11.4 million active digital users and launching the 'Rize' digital bank in Malaysia.
Company: Al Rajhi Banking and Investment Corp
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2022
Type: IR
Pages: 316
Al Rajhi Banking and Investment Corp
The report details Al Rajhi Bank's financial and ESG performance for the fiscal year 2022, highlighting its position as the world's largest Islamic bank. Key achievements include a 16% year-on-year increase in net income to SAR 17.2 billion and a 22% growth in total assets to SAR 762 billion. The bank successfully issued its first Tier 1 local Sukuk and secured a landmark USD 1.165 billion green syndicated loan. Additionally, the bank expanded its digital footprint, reaching 11.4 million active digital users and launching the 'Rize' digital bank in Malaysia.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees