THE MIDDLE EAST'S

TOP 30 BANKS 2022

25. Bank Albilad

Country : Saudi Arabia
CEO: Abdulaziz Mohammed Alonaizan
Market value: $11.9 billion
Revenues: $1.3 billion
Profits : $450 million
Assets: $29.6 billion

Established in 2004, Bank Albilad provides Shariah-compliant banking services. The bank operates over 150 branches, five sales centers, and over 168 Enjaz remittance centers across Saudi Arabia. It recorded net profits of $450 million in 2021, an increase of 25% compared to 2020. The bank also owns the Albilad Investment Company and the Albilad Real Estate Company Ltd.