Letter from the CEO
I am very excited to welcome you to our new website, your electronic guide to one of the most outstanding financial services companies in the Kingdom.
Since we spun off from our commercial banking parent, anb, in 2008, we have experienced some remarkable times, from the credit crisis of the late 2000s, the economic peaks and troughs of the 2010s, through to the pandemic-led challenges of the early 2020s.
With the support of our shareholders and guided by the ambitions of Vision 2030, we continue to forge our way forward through a renewed phase of our evolution, one built on a platform of financial innovation and service delivery excellence rooted in our unwavering commitment to our customers and shareholders.
Our achievements over the last 12 months are an attestation of our vision and continued resolve. During this period, we launched five real estate development funds focused on Taif, Riyadh, and Jeddah, increasing the value of our total real estate funds under management to above SAR 10 billion. We are continuing to work with leading Saudi corporates on a number of capital market transactions, and we will be introducing new investment products and unique trading experiences for our clients over the coming months.
As we look ahead, we feel assured that our future is secure in the hands of our talented Saudi youth, that Riyadh will emerge as a leading global financial hub, and that as a Saudi capital market institution we have a role to play in the Kingdom’s successes.
I would like to thank our clients for their loyalty. We are here because of you, and we look forward to taking you with us on our journey ahead.
Khalid Saleh Al-Ghamdi