Business Review
Within our Business Division, the orchestration of core banking functions Retail, Corporate, and Treasury is essential for Bank Albilad to deliver seamless operations.
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and increase in total retail deposits by
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This integration has been
fundamental since our
establishment in 2004,
propelling us into a
prominent position
among Saudi banks.
Our business accomplishments reflect the commitment and talents of our expert team. Their relentless pursuit of customer-centric banking products has been a cornerstone of our success.
In 2023, we continued to strengthen this team, investing in skills essential to deliver success within a rapidly evolving sector.
Amid a competitive labor market, we have explored innovative avenues for recruitment, training, development, and key staff retention.
The successes of Bank Albilad require strong partnerships that are based on trust, openness, and a clear shared vision that reflects the priorities of our partners as well as ourselves.
In 2023, collaborations with key government sectors and businesses in burgeoning fields like sports and entertainment have taken an increasingly central role within our portfolio.
Ventures and initiatives with ministries underscore our commitment to initiatives that drive societal support. These partnerships are indispensable to our future growth.
An enduring focus on strategy continues to guide our journey Embracing a long-term perspective,Their relentless pursuit of customer-centric banking products has been a cornerstone of our success.
our initiatives, from Sharia-compliant product development to digital innovations, align with Vision 2030, helping to deliver both economic and social goals and contributing to the wider transformation of Saudi Arabia.
This approach ensures sustainable returns over extended periods in a way that aligns with the priorities of both the Bank and its core stakeholders.
As we step into 2024, our foundation positions us for sustainable growth.
This trajectory not only promises value for shareholders and customers but also contributes to the broader Saudi Arabian economy.