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 3.68 billion Saudi Riyals [US$982.39 million]
of which 29%
was Retail Sector),
(5.13 billion Saudi Riyals [US$1.37 billion]
of which 59%
was Corporates), and
Saudi Investment Bank SJSC
(4.27 billion Saudi Riyals [US$1.14 billion]
of which 27%
was Retail Banking).
During the year ended December of 2017, sales at
Alawwal Bank were 4.94 billion Saudi Riyals (US$1.32 billion).
decrease of 8.1%
versus 2016, when the company's sales were 5.38 billion Saudi Riyals.
Contributing to the drop in overall sales was the 25.7% decline
in Investment Banking and Investment Services, from 59.62 million Saudi Riyals to 44.32 million Saudi Riyals.
There were also decreases in sales in
Corporate Banking (down 16.4% to 1.69 billion Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Consumer Banking (up 4.7% to 1.53 billion Saudi Riyals)
Treasury (up 203.2% to 453.54 million Saudi Riyals)