Bank Albilad

Bank Albilad is a Saudi joint stock company established in 2004, headquartered in Riyadh. It is the 11th bank in the Kingdom and is listed on Tadawul under the symbol ALBILAD. The bank started with a corporate capital of SAR 3 billion, which has grown to SAR 12.5 billion as of 2024. It operates under a full license from the Saudi Central Bank and emphasizes Sharia-compliant banking principles. The bank offers a range of services to personal, corporate, and SME clients, including retail and corporate financing, deposits, and remittances through its Enjaz centers. It is recognized for its innovative digital solutions, such as Open Banking and the Medad platform.