Bank Albilad (1140.SR)

33.00 +0.65 (+2.01%) At close: 03:18PM AST

Bank Albilad

PO Box 140
Riyadh 11411
Saudi Arabia
966 11 479 8888
https://www.bankalbilad.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 3,787

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Abdulaziz Bin Mohammed Bin Ali Al Onaizan	CEO & Director	510k	N/A	1966
Mr. Hisham Ali AlAkil	Executive Vice President of Finance	N/A	N/A	N/A
Mr. Saleh bin Suliman AlHabib	Executive Vice President of Operations	N/A	N/A	N/A
Mr. Haitham Medainy AlMedainy	Executive Vice President of Human Resources	N/A	N/A	N/A
Engineer Omar Abdul Rahman AlHussain	Executive Vice President of Retail Banking	N/A	N/A	N/A
Mr. Abdullah Mohammed Alarifi	Executive Vice President of Risk	N/A	N/A	N/A
Mr. Jameel Nayef Alhamdan	Executive Vice President of Corporate Banking	N/A	N/A	N/A
Mr. Khalid Hassan Alzain	Executive Vice President of Enjaz	N/A	N/A	N/A
Mr. Samer Mohammed Adnan Farhoud	Executive Vice President of Treasury	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SAR.

Description

Bank Albilad, through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia. The company operates in four segments: Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage. It offers current, savings, albilad, tamayuz, corporate, and SME current accounts; personal financing products, such as shares financing, top-up financing, refinancing, buyout programs, and finance against mortgage; real estate financing products; auto financing and leasing products; remittances; currency exchange services; corporate financing solutions, which include working capital, asset, and contract financing; overdrafts; and structured finance products. The company also provides cash management solutions; trade finance products comprising letters of guarantee, letters of credit, documentary collection, and Musharakah financing; money market; treasury services consisting of direct investment and foreign exchange services; SME financing solutions; SME programs, such as customs clearance, hajj and omrah, POS financing, franchise, contracts financing, and payroll financing programs; point of sale services; e-commerce payment platforms; investment management and asset management; and payroll services and wage protection systems. In addition, it offers credit, debit, and prepaid cards; and internet and online banking services. The company was incorporated in 2004 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Corporate governance

Bank Albilad’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.