Investor Presentation
Fee & other income
Fee & other income for 9M 2023 grew 1% YoY
Profile / Strategy / Sustainability / Environment / Financials / Appendix
Fee & Other Income Movement YoY (SARmn)
SAR (mn)
3Q-2023 3Q-2022
YoY %
Change
9M-2023 9M-2022
YoY %
Change
+1%
Fee income from banking services
969
860
+13%
2,732
2,640
+3%
42
10
Fee expenses from banking services
(322)
(268)
+20%
(902)
(802) +12%
2,656
10
2,694
Fee income from banking services, net
647
592
+9%
1,830
1,838
-0%
(8)
(6)
Exchange income, net
152
168
-9%
458
415
+10%
Investment-related income
75
56
+35%
350
356
-2%
Other operating income
29
37
-22%
57
47
+22%
9M-22
Fee & other income
903
853
+6%
2,694
2,656
+1%
-0%
Banking
services
+10%
FX
-2%
Inv.-related
+22%
Other
9M-23
Fee & other income increased by 1% YoY
during 9M 2023 mainly driven by FX income
growth, partially offset by minor decrease
in investment-related income (-2%).
Fee income from banking services
remained stable YoY with increase of fees
from credit facilities, advisory, card
products and trade finance, offset by a
decrease in trading and fund management
and other fees.
Fee & other income grew by 7% QoQ in 3Q
2023 driven by banking fees as well as FX
income growth.
Quarterly Fee & Other Income
(SARmn)
QoQ
+6%
Fee Income from Banking Services Movement YoY (SARmn)
948
113
853
891
903
843
1,838
+4%
+6%
-11%
3Q-22 4Q-22 1Q-23 2Q-23
(57)
-0.4%
51
1,830
(55)
(59)
+7%
+18%
3Q-23
9M-22
-34%
-12%
Credit facilities Card products Trade finance Trading & fund
& advisory
mgmt.
+10%
-104%
Other
9M-23
Riyad Bank - Investor Presentation - 30/09/23
General Business
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