3Q 2020 Investor Presentation
Treasury
Excellent profit growth from growth in investment income
Highlights
■ Total operating income growth of (+26% YoY) driven by growth in
investment income.
■
Treasury net income rose (+39% YoY) as a result of lower
expenses and inverse impairment.
■ Growth in assets (+13%) and liabilities (+78%).
Net Income (SARmn)
691
634
528
536
+77.0%
716
640
1,224
1Q 19
2Q 19
3Q19
4Q 19
1Q 20
2Q 20
3Q 20
Al Rajhi Bank
The Blue Chip Islamic Bank
مصرف الراجحي
Al Rajhi Bank
SAR (mn)
9M 2020
9M 2019
YOY
3Q 2020
3Q 2019 YoY
+104.5
Net financing and investment income
2,243
1,493
+50.2%
987
483
%
Fee and other income
522
698
-25.2%
169
273
-38.1%
Total operating income
2,765
2,191 +26.2%
1,156
756
+52.9%
Operating expenses
156
339
-54.0%
(82)
67
-221.9%
Total impairment charge
29
(1)
Net income for the period
2,580
-4544.7%
1,853 +39.2%
14
(3)
-602.5%
1,224
Total assets
116,204
102,816 +13.0% 116,204
Total liabilities
15,527
8,715
+78.2%
15,527
8,715
691 +77.0%
102,816 +13.0%
+78.2%
42
Investments, Net Mix By Asset (SARbn)
Saudi Government
Sukuk
SAR 25bn
43.5%
Murabaha with Saudi Gov &
SAMA
SAR 25bn
44.4%
Mutual Funds
SAR 2bn
4.2%
FI Sukuk
SAR 1bn
1.9%
Equity
investments
SAR 3bn
6%
3Q 2020 Investor PresentationView entire presentation