3Q 2020 Investor Presentation
Macro Environment
Supportive of Banking Sector
Moderate pickup in sector loan growth...
9.5%
2.2%
2.9%
-0.8%
14.2%
1,308
1,337
1,327
1,366
1,560
مصرف الراجحي
Al Rajhi Bank
...and moderate pick up in bank deposits amid balance
sheet optimisation in rising rate environment
2015
2016
2017
2018
2019
Bank Credit: Loans, Advances & Overdrafts (SARbn)
--YoY Growth (%)
Source: SAMA
Source: SAMA
Solid retail mortgage growth continued
41.4%
7.3%
2.5%
0.8%
0.2%
1,629
1,633
1,674
1,796
2016
2017
2018
2019
Bank Deposits (SARbn)
- YoY Growth (%)
Which in combination drove top line growth
103.1
82.2
86.2
92.5
11.5%
15.3%
7.8%
9.9%
7.3%
3.3%
4.8%
110
121
140
198
2016
Source: SAMA
Al Rajhi Bank
2017
Retail mortgage loans (SARbn)
2018
2019
- YoY Growth (%)
The Blue Chip Islamic Bank
44.9
40.6
43.7
41.3
2016
2017
2018
Total income
Net Profit
Source: Bloomberg
19
2019
-YoY Income Growth (%)
3Q 2020 Investor PresentationView entire presentation