Company Profile
Bank Albilad, through its subsidiaries provides various banking products and services in the Kingdom of Saudi Arabia. The company operates in four segments: Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage. It offers current, savings, awaed albilad, tamayuz, corporate, and SME current accounts.
Its portfolio also includes personal financing products, such as financing Murabaha via Albilad app, shares financing, top-up financing, refinancing, buyout programs, finance against mortgage, and deferring finance instalments, real estate financing products, auto financing and leasing products, remittances, currency exchange services, corporate financing solutions, which include working capital, asset, and contract financing, overdrafts, and structured finance products, as well as cash management solutions.
Its portfolio also includes trade finance products comprising letters of guarantee, letters of credit, documentary collection, and Musharkah financing, money market, treasury services consisting of direct investment and foreign exchange services, SME financing solutions, SME programs, such as customs clearance, hajj and omrah, POS financing, franchise programs, contracts financing, and payroll financing programs, point of sale services, e-commerce payment platforms, investment management and asset management, and payroll services and wage protection systems.
Additionally, it offers credit, debit, Albilad mada, salary, and Medad prepaid cards; and internet and online banking services. Incorporated in 2004, Bank Albilad is headquartered in Riyadh, the Kingdom of Saudi Arabia.