Saudi Investment Bank 2023 IR
The report highlights The Saudi Investment Bank's strategic and financial performance for the fiscal year 2023. The bank achieved a robust net income growth of 17%, reaching SAR 1,762 million, and expanded its total assets by 19.16% to SAR 130.0 billion. Key achievements include the launch of its new Corporate Strategy 2027, significant progress in digital transformation, and a strategic partnership with Real Madrid Football Club. Additionally, the bank maintained its commitment to sustainability through its 'Awn' and 'Hifth' frameworks, achieving a 21% reduction in electricity usage.
Company: Saudi Investment Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2023
Type: IR
Pages: 238
Saudi Investment Bank
The report highlights The Saudi Investment Bank's strategic and financial performance for the fiscal year 2023. The bank achieved a robust net income growth of 17%, reaching SAR 1,762 million, and expanded its total assets by 19.16% to SAR 130.0 billion. Key achievements include the launch of its new Corporate Strategy 2027, significant progress in digital transformation, and a strategic partnership with Real Madrid Football Club. Additionally, the bank maintained its commitment to sustainability through its 'Awn' and 'Hifth' frameworks, achieving a 21% reduction in electricity usage.
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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
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Workplace Fatalities
Employees