Conclusion

With a clear strategy in place, a talented staff team, and a culture that nurtures innovation and creativity, the future of the business looks positive.

We are confident that our rapid development to date has created a firm foundation for the next stage in our journey. Our business fundamentals are strong, with high liquidity, a growing customer base and product range, and a track record of innovation that positions us well for the future.

Our aspiration now is to use that foundation to grow in a sustainable way that adds value to customers, shareholders, and the Kingdom of Saudi Arabia. This will be about what we do, but it will also be about how we work.

and partnerships. The new Horizons Innovation Centre will give us a unique opportunity to develop both strands, working closely with a new generation of innovators who are developing products and services for the next generation of Saudi Arabians.

And that innovation will focus not only on products for our customers but also on the systems and processes that we have in place as a Bank.

The solid foundations are in place, and we look forward to a sustainable future.

2022 has been another
year of expansion and
growth for Bank Albilad.