3Q 2020 Investor Presentation
Retail Banking
Strong growth in total assets driven by growth in mortgage financing
Highlights
مصرف الراجحي
Al Rajhi Bank
SAR (mn)
9M 2020
9M 2019
YoY
3Q 2020 3Q 2019
YOY
■ Retail Banking net income decreased by (-12.3% YoY).
Total operating income decreased by (-2.9% YoY).
Net financing and investment income
8,476
9,133
-7.2%
2,592
3,161
-18.0%
Fee and other income
1,330
961
■ Continued growth in assets (+25% YoY) and liabilities decreased
by (-1% YoY).
Total operating income
Operating expenses
9,806
+38.5% 405
10,094 -2.9% 2,997
339
+19.4%
3,500
-14.4%
4,375
3,950 +10.8% 1,581
1,415
Total impairment charge
896
975
-8.1%
363
279
+11.7%
+30.0%
Net income for the period
4,534
Total assets
246,752
Total liabilities
284,148
5,169 -12.3% 1,053
197,606 +24.9% 246,752
287,101 -1.0% 284,148
1,806 -41.7%
197,606 +24.9%
287,101 -1.0%
Net Income (SARmn)
1,609
1,753
1,806
-41.7%
1,797
1,684
1,578
1,053
1Q 19
2Q 19
3Q 19
4Q 19
1Q 20
2Q 20
3Q 20
Al Rajhi Bank
The Blue Chip Islamic Bank
40
Net Income Growth Drivers By Type (SARmn)
5,169
-12.3%
369
79
4,534
(657)
(425)
9M 19
Finan-
cing
Other Expenses
Income
Impair-
ments
9M 20
3Q 2020 Investor PresentationView entire presentation