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 3.50 billion Saudi Riyals [US$932.47 million]
of which 28%
was Retail Sector),
(4.16 billion Saudi Riyals [US$1.11 billion]
of which 35%
was Corporates), and
Saudi Investment Bank SJSC
(4.01 billion Saudi Riyals [US$1.07 billion]
of which 26%
was Corporate Banking).
During the year ended December of 2016, sales at
Alawwal Bank were 5.33 billion Saudi Riyals (US$1.42 billion).
increase of 25.0%
versus 2015, when the company's sales were 4.26 billion Saudi Riyals.
This was the fifth consecutive year of sales increases at Alawwal Bank
(and since 2011, sales have increased a total of 128%).
Sales of Consumer Banking saw an increase
29.9% in 2016, from
1.12 billion Saudi Riyals to 1.46 billion Saudi Riyals.
Not all segments of Alawwal Bank experienced an increase in sales in 2016:
sales of Treasury fell 76.0% to 149.59 million Saudi Riyals.
Alawwal Bank also experienced decreases in sales in
Corporate Banking (down 12.7% to 2.02 billion Saudi Riyals)
Investment Banking and Investment Services (down 12.2% to 59.62 million Saudi Riyals)