THE MIDDLE EAST’S
TOP 30 BANKS 2022
![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2022/05/30174414/45-Bank-Albilad-Source-is-Albilad-capital.jpg)
25. Bank Albilad
Country : Saudi Arabia
CEO: Abdulaziz Mohammed Alonaizan
Market value: $11.9 billion
Revenues: $1.3 billion
Profits : $450 million
Assets: $29.6 billion
Established in 2004, Bank Albilad provides Shariah-compliant banking services. The bank operates over 150 branches, five sales centers, and over 168 Enjaz remittance centers across Saudi Arabia. It recorded net profits of $450 million in 2021, an increase of 25% compared to 2020. The bank also owns the Albilad Investment Company and the Albilad Real Estate Company Ltd.