before Zakat to SAR 2,641 million compared to last year. This was the result of our on-going investments in innovation and strategic decisions to diversify our revenue streams.
This was achieved despite the challenges the industry faced such as high inflation and cost of credit that impacted some sectors of the economy.
Nasser Mohammed AlSubeaei
Chairman
This year’s theme, “Driving Progress Through Innovation”, highlights our firm commitment to deliver value and utilizing cutting-edge technology solutions to meet the changing needs of our customers.
The Bank’s continued strength is reflected in our 2023 results. Bank Albilad delivered solid performance underpinned by sustained growth in loan demand, customer deposits, asset quality and client activities despite the challenging operating environment.
Abdulaziz M. Al-Onaizan
Chief Executive Officer
Operating responsibly is a part of the fabric of who we are, the prosperity of our stakeholders and our reputation. We are committed to ensuring that we operate responsibly and ethically.
