GRI 102-7

Financial Capital

	2020 SAR million	2019 SAR million
Total income*	2,892	2,906
Total expenses**	1,214	1,234
Operating profit before provisions	1,678	1,672
Provisions for credit and other losses	449	1,343
Provisions for Zakat and Income Tax***	249	90
Net Income	980	239
Loans and advances, net	55,074	57,112
Investments	30,514	26,175
Investments in associates	846	994
Total assets	99,885	100,815
Term loans	2,006	2,012
Subordinated debt	–	–
Customer deposits	60,144	69,058
Shareholders’ equity	13,331	12,007
Tier I Sukuk	2,000	2,000
Total equity	15,331	14,007
Return on average shareholders’ equity (%)	7.73	2.03
Return on average assets (%)	0.98	0.24
Capital adequacy (%)	21.21	18.26
Equity to total assets (%)	15.35	13.89

* Total income includes total operating income plus share in earnings of associates.
** Total expense includes total operating expenses before impairment charges.
*** The years prior to 2018 have not been adjusted for provisions for Zakat and Income Tax.

Total operating income

SAR 2,846 million

0.99% increase

Total expenses

SAR 1,214 million

1.63% YoY decline

Investment portfolio

SAR 30.5 billion1

16.5% YoY growth

Equity to total assets

15.35%

1.46% YoY growth

Institutional Capital

Awarded ISO 22301:2019 certificate for adhering to the updated standards of Business Continuity Management Systems

Enabled Apple Pay and mada Pay functionality with all SAIB credit cards

Microsoft Power BI integration will lead to improved efficiency

Customer Capital

52 branches across the Kingdom

Special needs branches in Riyadh, Jeddah, and Dammam

599,242 Personal banking customer base

Employee Capital

90%
Saudization

159
training programs

12,124
formal training hours

Social and Environmental Capital

4,760 kgs
of paper recycled

2,680 kgs
of plastic recycled

128
volunteers in 2020

SAIB at a glance