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In the financial year 2021, the total assets of the National Commercial Bank (NCB) of Saudi Arabia totaled billion U.S. dollars. Among all commercial banks of Saudi Arabia, the total assets of Saudi Arabia British Bank (SABB) had decreased from **** billion U.S. dollars in 2020 to **** billion U.S. dollars in 2021.
Among commercial banks in Saudi Arabia, Al Rajhi led all the banks in the country with around **** percent return on equity. Regarding net profit, Al Rajhi also holds first place among commercial banks in the country, with a profit of more than *** billion U.S. dollars.
Around ** percent of the population used financial technology solutions in Saudi Arabia in 2020, which reflected the highest number in the Middle East and North Africa region. Around ** percent of customers in MENA were willing to adopt fintech solutions. Concerns regarding a potential breach of personal data was the primary reason for unwillingness to adopt fintech solutions.
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Global overview
Banking sector in Saudi Arabia
Islamic banking
Online Banking
* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
