3Q 2020 Investor Presentation
مصرف الراجحي
Al Rajhi Bank
Key Messages
Solid 3Q 2020 Performance
Net Income after Zakat down 4.7%
Net Income (SARmn)
Deposits up 10.5%, Financing up by 16%
Total Customers' Deposits (SARbn)
Liquidity remained healthy
Capital Adequacy Ratio (%)
-4.7%
7,841
7,474
9M 19
Pre-Provision Profit (SARmn)
9M 20
+1.1%
9,838
9,949
9M 19
9M 20
4.7% Profit decline caused by higher
operating expenses & provisions.
+10.5%
345
21
312
22
6
7
284
+11.6%
317
4Q 19
3Q 20
Current Accounts Other customer accounts Customers' time investments
Financing, Net (SARbn)
◉
Profit growth driven by improvement in
the product mix
☐
Al Rajhi Bank
The Blue Chip Islamic Bank
+16.0%
261
290
4Q 19
19.5%
19.3%
3Q19
3Q 20
Liquidity Ratios (%)
175%
150%
81%
80%
3Q 20
3Q19
3Q 20
―― Loan to Deposit Ratio
――LCR
☐
11% deposit growth from non-profit
bearing deposits which now account
for 94% of total deposits
Net financing grew by 16% driven by
Mortgage financing
26
CAR decreased by 150 bps caused by
dividends pay-out (2019) and change in
RWA.
■
Liquidity remains healthy
3Q 2020 Investor PresentationView entire presentation