Alawwal Bank operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Alawwal Bank with three other
companies in this sector in Saudi Arabia:
sales of 3.33 billion Saudi Riyals [US$888.10 million]
of which 43%
Saudi Investment Bank
(3.28 billion Saudi Riyals [US$874.94 million]
of which 28%
was Retail Banking), and
(2.98 billion Saudi Riyals [US$793.84 million]
of which 30%
was Retail Sector).
During the year ended December of 2015, sales at
Alawwal Bank were 4.26 billion Saudi Riyals (US$1.14 billion).
increase of 13.2%
versus 2014, when the company's sales were 3.77 billion Saudi Riyals.
This was the fifth consecutive year of sales increases at Alawwal Bank
(and since 2010, sales have increased a total of 82%).
Sales of Consumer Banking saw an increase
22.5% in 2015, from
917.52 million Saudi Riyals to 1.12 billion Saudi Riyals.
Not all segments of Alawwal Bank experienced an increase in sales in 2015:
sales of Investment Banking and Investment Services fell 17.9% to 67.94 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).