Balanced growth in financing, deposits, and assets boosts bank's performance and supports its vision 'Here Wealth Grows'

Wednesday, July 22, 2026 20:28 | 2 minutes read

Bank AlJazira announced a net profit of SAR 848 million for the six months ended June 30, 2026, a growth of 14% compared to the same period last year, reflecting the bank's continued balanced growth and strengthened financial position.

The bank recorded growth in key performance indicators, with net financing rising to SAR 121 billion, an annual growth of 17%, while customer deposits increased to SAR 133 billion, up 16%, and total assets reached SAR 181 billion, a growth of 15%, reflecting the strength of the bank's business and solid financial position, along with maintaining strong liquidity and solvency levels.

Mr. Naif Alabdulkarim, CEO and Managing Director of Bank AlJazira, said: 'The first-half results reflect the bank's success in maintaining a balanced growth trajectory across various business sectors, supporting its journey toward sustainable value for customers and shareholders. We also strengthened the bank's capital base by issuing Tier 1 sukuk, which reinforces our solid financial position and enables us to capitalize on promising opportunities in the strong, dynamic, and resilient Saudi market. We continue to develop our products, services, and digital capabilities, providing financial solutions that meet our customers' evolving needs and enable them to grow their wealth and achieve their aspirations.'

This performance is an extension of the bank's strategy aimed at enhancing operational efficiency, expanding its banking and financing services, accelerating digital transformation, and providing specialized financial solutions to meet customer needs, in addition to supporting the business sector and contributing to economic development in the Kingdom.

This journey embodies Bank AlJazira's vision 'Here Wealth Grows' by enabling customers to grow their wealth and achieve their financial goals, offering advanced banking solutions and innovative digital experiences, enhancing the bank's role as a trusted financial partner in the growth and prosperity journey for its customers, the business sector, and the national economy.

Companies

July 22, 2026

July 22, 2026

July 22, 2026

July 22, 2026

July 22, 2026

July 22, 2026