Al Rajhi Banking & Investment Corporation SJSC operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Al Rajhi Banking & Investment Corporation SJSC with three other
companies in this sector in Saudi Arabia:
sales of 9.18 billion Saudi Riyals [US$2.45 billion]
of which 37%
was Corporate Banking),
National Commercial Bank SJSC
(20.40 billion Saudi Riyals [US$5.44 billion]
of which 32%
was Retail), and
Samba Financial Group
(8.25 billion Saudi Riyals [US$2.20 billion]
of which 36%
Al Rajhi Banking & Investment Corporation SJSC reported sales of 15.04 billion Saudi Riyals (US$4.01 billion)
December of 2015.
a very small
increase of 0.6%
versus 2014, when the company's sales were 14.95 billion Saudi Riyals.
Despite this increase, sales are still
below the level achieved in 2013, when Al Rajhi Banking & Investment Corporation SJSC
reported sales of 15.48 billion Saudi Riyals.
Sales of Corporate Banking saw an increase
that was more than double the company's growth rate: sales were up
50.9% in 2015, from
1.15 billion Saudi Riyals to 1.74 billion Saudi Riyals.
Al Rajhi Banking & Investment Corporation SJSC also saw significant increases in sales in
Treasury and Investment (up 26.7% to 583.19 million Saudi Riyals)
Not all segments of Al Rajhi Banking & Investment Corporation SJSC experienced an increase in sales in 2015:
sales of Investment fell 54.0% to 37.25 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Al Rajhi Banking & Investment Corporation SJSC also experienced decreases in sales in
Retail Banking (down 10.8% to 7.60 billion Saudi Riyals)