Al Rajhi Banking and Investment Corp 2024 IR
The report highlights Al Rajhi Bank's record-breaking financial performance in 2024, achieving its highest net income after Zakat of SAR 19.7 billion and total assets of SAR 974 billion. Under its new "harmonize the group" strategy, the bank successfully integrated its banking ecosystem and subsidiaries, driving significant growth in corporate and SME financing. The bank also advanced its sustainability agenda, issuing its first USD 1 billion sustainable AT1 capital sukuk and aligning its operations with Saudi Vision 2030 and KSA's Net Zero 2060 goals.
Company: Al Rajhi Banking and Investment Corp
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2024
Type: IR
Pages: 418
Al Rajhi Banking and Investment Corp
The report highlights Al Rajhi Bank's record-breaking financial performance in 2024, achieving its highest net income after Zakat of SAR 19.7 billion and total assets of SAR 974 billion. Under its new "harmonize the group" strategy, the bank successfully integrated its banking ecosystem and subsidiaries, driving significant growth in corporate and SME financing. The bank also advanced its sustainability agenda, issuing its first USD 1 billion sustainable AT1 capital sukuk and aligning its operations with Saudi Vision 2030 and KSA's Net Zero 2060 goals.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees