Bank Albilad 2023 AR2
The report outlines Bank Albilad's financial and operational performance for 2023, highlighting its strategic focus on digital innovation and sustainable growth. The bank achieved a 14% increase in net income before Zakat to SAR 2,641 million, with total assets growing to SAR 143,106 million. Key achievements included upgrading its core banking system, launching an AI-powered fraud management system, and becoming the first Saudi bank to offer Open Banking services. Additionally, the bank advanced its ESG commitments by transitioning its head office to solar energy, recycling 4,550 kg of waste, and donating SAR 10 million to the Jood Housing platform.
Company: Bank Albilad
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2023
Type: AR2
Pages: 155
Back to company
Bank Albilad
Annual Report
The report outlines Bank Albilad's financial and operational performance for 2023, highlighting its strategic focus on digital innovation and sustainable growth. The bank achieved a 14% increase in net income before Zakat to SAR 2,641 million, with total assets growing to SAR 143,106 million. Key achievements included upgrading its core banking system, launching an AI-powered fraud management system, and becoming the first Saudi bank to offer Open Banking services. Additionally, the bank advanced its ESG commitments by transitioning its head office to solar energy, recycling 4,550 kg of waste, and donating SAR 10 million to the Jood Housing platform.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
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
Employees