Bank AlJazira 2024 AR2
The report highlights Bank AlJazira's financial and operational performance for the fiscal year 2024, showcasing a 21% increase in net income to SAR 1.2 billion and a 15% growth in total assets to SAR 148.9 billion. The bank made significant progress in its digital transformation, launching its first in-house developed retail mobile app and the AlJazira Business app for corporate and SME clients. In sustainability, the bank reduced its energy consumption by 7.0%, decreased paper usage by 1.5 tonnes, and directed 93% of its SAR 1 billion procurement to local suppliers. Additionally, the bank expanded its green financing exposure to SAR 1.8 billion and implemented over 100 community projects across Saudi Arabia.
Company: Bank AlJazira
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 174
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Bank AlJazira
Annual Report
The report highlights Bank AlJazira's financial and operational performance for the fiscal year 2024, showcasing a 21% increase in net income to SAR 1.2 billion and a 15% growth in total assets to SAR 148.9 billion. The bank made significant progress in its digital transformation, launching its first in-house developed retail mobile app and the AlJazira Business app for corporate and SME clients. In sustainability, the bank reduced its energy consumption by 7.0%, decreased paper usage by 1.5 tonnes, and directed 93% of its SAR 1 billion procurement to local suppliers. Additionally, the bank expanded its green financing exposure to SAR 1.8 billion and implemented over 100 community projects across Saudi Arabia.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees