As a significant contributor to the Saudi Arabian financial sector, Bank Albilad has an important role to play across the three themes of the Vision: a vibrant society, a thriving economy, and an ambitious nation.
Our journey is fully aligned with Vision 2030. The Strategy department ensures that every strategic objective aligns seamlessly with the national vision, incorporating new initiatives and conducting thorough research to spearhead innovation within the bank.
Our Islamic banking services and products are providing support for individuals and businesses across the Kingdom. In particular, by focusing on the provision of leading-edge digital solutions we are engaging with younger people to give them access to banking products that meet modern needs.
increase homeownership to
70%
Bank Albilad’s range of Shariah-compliant savings products is also contributing to the overarching Vision objective to increase household savings from 6% to 10% of total household income whilst our homeownership solutions are helping to meet the Kingdom’s target to increase homeownership to 70% by 2030 from 60% in 2020.
At the same time, our focused activities supporting the SME sector will strengthen a key engine of economic growth. The Kingdom’s smaller businesses are a critical building block for the future economy of the nation.
Supporting those businesses has been a major element of our strategy, working closely alongside MSMEs to ensure we are providing products and services that meet their changing needs.
Our future as a Bank is closely
tied to the future success of
the Kingdom as a whole. In
2023, we continued to deliver
a robust strategy that is
entirely aligned with the
mission, aims, and objectives
of Vision 2030.
Our future as a Bank is closely
tied to the future success of
the Kingdom as a whole. In
2023, we continued to deliver
a robust strategy that is
entirely aligned with the
mission, aims, and objectives
of Vision 2030.
Bank Albilad & Vision 2030 Alignment
Vision 2030 Program
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Financial Sector Development Program
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National Transformation Program
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Quality of Life Program
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Housing Program
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Human Capability Development Program
