Al Rajhi Banking and Investment Corp 2023 IR
The report highlights Al Rajhi Bank's performance for the fiscal year 2023, during which it successfully executed the final phase of its 'Bank of the Future' strategy. The bank achieved a net income of SAR 16.62 billion after Zakat and grew its total assets to SAR 808 billion, passing a historic milestone. Key achievements included the successful launch of its first international USD-denominated sustainable Sukuk worth USD 1 billion and a significant expansion of its digital banking ecosystem to 12.6 million active users. Additionally, the bank demonstrated its commitment to sustainability by financing major green energy projects and increasing female representation in its workforce to 30% at the group level.
Company: Al Rajhi Banking and Investment Corp
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2023
Type: IR
Pages: 368
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Al Rajhi Banking and Investment Corp
Integrated Annual Report
The report highlights Al Rajhi Bank's performance for the fiscal year 2023, during which it successfully executed the final phase of its 'Bank of the Future' strategy. The bank achieved a net income of SAR 16.62 billion after Zakat and grew its total assets to SAR 808 billion, passing a historic milestone. Key achievements included the successful launch of its first international USD-denominated sustainable Sukuk worth USD 1 billion and a significant expansion of its digital banking ecosystem to 12.6 million active users. Additionally, the bank demonstrated its commitment to sustainability by financing major green energy projects and increasing female representation in its workforce to 30% at the group level.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees