| Market: Tadawul | Symbol: 1030 | ISIN: SA0007879063 | Industry: Banks |
The Saudi Investment Bank – a financial institution, subject to SAMA supervision.
Commercial Registration No. 1010011570
The Saudi Investment Bank, a Saudi joint-stock company, has been established pursuant to the Royal Decree No. M/31 dated 23 June 1976 (corresponding to 25 Jumada Al-Thani 1396H.) and started its business on 16 March 1977 (corresponding to 25 Rabie Awwal 1397H.) SAIB has also established successful joint-ventures and subsidiaries to cater to the needs for investment banking, share trading, asset management, leasing, mortgages, insurance and credit cards.
The shareholders of SAIB, a publicly listed company, include the General Organisation for Social Insurance, the Public Pension Agency, other Saudi public and private institutions as well as Saudi Individuals.
We offer traditional wholesale, retail and commercial banking products. In particular, we arrange financing of quasi-government and private industrial sectors and trade finance products for facilitating imports and increasing Saudi exports.
| Share data | 16/05/2024 | ||
| Currency | SAR | Volume | 913,600 |
| Previous Close | 13.06 | Number of Shares mn | 1,250.00 |
| Change (%) | 0.00 | Market Cap mn | 16,325.00 |
| Financial Highlights (SAR million) | 2021 |
2022 |
2023 |
|---|---|---|---|
| Operations | |||
| Total income (i) | 2,808 |
3,349 |
4,044 |
| Total expense(ii) | 1,270 |
1,445 |
1,657 |
| Operating profit before provisions | 1,538 |
1,904 |
2,387 |
| Net income | 1,062 |
1,508 |
1,762 |
| Financial position | |||
| Total assets | 101,619 |
109,071 |
129,984 |
| Total liabilities | 85,318 |
92,281 |
112,749 |
| Total equity | 16,301 |
16,790 |
17,235 |
| Cash flow | |||
| Net cash provided from operating activities | 1,466 |
(3,029) |
9,721 |
| Net cash used in investing activities | 1,167 |
(1,571) |
(3,877) |
| Net cash used in financing activities | (1,861) |
717 |
(1,528) |
| Cash and cash equivalents at the end of the year | 8,039 |
4,156 |
8,471 |
| Key ratios (%) | |||
| Return on average Shareholders’ equity | 7.55 |
10.63 |
12.54 |
| Return on average assets | 1.05 |
1.43 |
1.47 |
| Capital adequacy | 20.84 |
18.22 |
20.06 |
| Equity to total assets | 16.05 |
15.39 |
13.26 |
Notes:
(i) Total income includes total operating income plus share in earnings of associates.
(ii) Total expense includes total operating expenses before impairment charges.
