Investor Presentaiton

OUR FINANCIAL RESULTS | HIGHLIGHTS Our key messages Balance Sheet Income statement Balance sheet remained almost flat QoQ with total assets of SAR 186Bn. Loan portfolio at SAR 123Bn down by (-0.6% QoQ) as corporate lending declined by 1.8% QoQ partially offset by the growth in retail lending +7.5% QoQ. ■ Total deposits at SAR 142Bn remained almost flat QoQ, CBDs were lower by 2.5% QoQ and NCBDs increased by 1.8% QoQ which resulted in favorable deposit mix (54%/46% NCBD/CBD mix) and improved COF at 1.47% in Q3 vs. 1.58% in Q2. Revenues at SAR 5.2Bn up by 1.2% YoY driven by net interest income offsetting lower fee income. Revenue growth excluding impact of Allianz Saudi Fransi shares sale that took place in 2018 is +3.2% YoY. Well-controlled expenses (-8.2% YoY) driven by cost discipline on most of the expenses items. Net income before zakat at SAR 3.0Bn up 0.3% YoY and up 3.6% YoY excluding the impact of ASF shares sale. Net Income after zakat at SAR 2.6Bn declined by -8.3% YoY. Loans (SARbn) 124.2 Q2'19 -0.64% Revenue (SARmn) 5,106 1.2% Deposits (SARbn) -0.23% 123.4 142.2 141.9 Q3'19 Q2'19 Q3'19 Net Income (SARmn) -8.3% 2,835 5,167 2,600 9M'18 9M'19 9M'18 9M'19 NPL (%) Cost of Risk (%) Asset Quality, Capital and Liquidity ■ Total Impairment charges at SAR 519Mn compared to SAR 325Mn in 9M' 2018. 2.72% 0.60% ■ Cost of risk stood at 0.60%. ■ NPL ratio at 2.72%. Coverage ratio 124%. CAR remains at very solid level of 19.1%. ■ Well positioned loan-to-deposit ratio at 87%. 2.66% 0.36% Q2'19 Q3'19 9M'18 9M'19 9 BSF Investor Relations

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