Bank Albilad is a dynamic bank
that is embracing change
OUR
STRATEGIC
APPROACH
Rapid growth, innovation, and mature partnerships
Rapid growth, innovation, and mature partnerships with fintech entities, especially in the realm of payments, are now hardwired into our operating model.
Our strategy is clear that we have a responsibility not just to navigate the challenges of the present but also to anticipate and meet the expectations of future generations.
At the heart of Bank Albilad,
is a culture of innovation
and adaptation, that shapes
the Bank’s strategic approach
At the heart of Bank Albilad, is a culture of innovation and adaptation, that shapes the Bank’s strategic approach supported by precise monitoring and effective communication with customers and stakeholders.
During 2023, the Strategy Department has provided research, insight, and analysis that unifies our activity and adds value through more effective coordination. This is underpinned by a commitment to transparency, with regular reporting to the Board of Directors and Senior Management to support decision-making.
Those decisions extend beyond purely financial and increasingly embrace activities and priorities that reflect the growing importance of Corporate Social Responsibility (CSR) and environmental initiatives.
These are integral to the way we operate, demonstrating a commitment to environmental sustainability and social impact.
Bank Albilad
was the first to offer
digital opening of bank
accounts.
That shapes our strategic priorities and drives innovation in service delivery. Bank Albilad was the first to offer digital opening of bank accounts.
We also maintain a clear focus on supporting the delivery of Vision 2030, expanding our activities to support the MSME sector, and forging trusted partnerships with government bodies to achieve their targets. We are also increasing our focus on supporting fintechs in the Kingdom.
We continually assess our position, capitalizing on market trends and horizon scanning to identify both challenges and opportunities.
As we step into the future, growth and innovation are not mere goals; they are integral to our strategic approach.