Bank Albilad

The bank opened its doors in 2004. Significant investors include the brothers Mohammed and Abdullah Ibrahim Al Subeaei. The bank completely replaced all of its ATMs in 2009. A Saudi joint-stock business with its main office in Riyadh is called Bank Albilad.

By issuing shares at a ratio of one for three, its shareholders approved an increase in capitalization to 10 billion Saudi Riyals in May 2022. The Bank Albilad's remittance division is called Enjaz Banking Services. The board of directors chose Nasser Mohammed Al-Subeaei as chairman and Fahd Abdullah Bindekhayel as vice chairman in February 2021.

Bank Albilad's market capitalization as of April 2023 is $10.92 billion. By market cap, Bank Albilad is now the 1373rd most valuable firm in the world. The most recent financial reports from Bank Albilad show that the company's current revenue (TTM) is $1.37 billion. The company generated $1.22 billion in revenue in 2021, an increase from $1.13 billion in 2020.

Founded: 4 November 2004
Headquarters: Riyadh, Saudi Arabia
Website: https://www.bankalbilad.com