saib's customer loans rose by 194.1% over the last 5 years

Arab International Banking Company Bank «saib» was able to significantly increase granting credit to its customers during the last five years, as it achieved an increase of 194.1% in the total loan portfolio of individual and institutional customers alike, to record the equivalent of 73.33 billion pounds by the end of March 2025, compared to the equivalent of 24.93 billion by the end of 2019, achieving an increase equivalent to 48.40 billion pounds.

Tracking the performance of the portfolio during the period under analysis, we find that the bank recorded the highest annual growth rate in the volume of its clients’ loans during the year 2024, as they increased by 42.8%, equivalent to an increase of 19.75 billion pounds, bringing the total portfolio to the equivalent of 65.93 billion pounds by the end of 2024, compared to the equivalent of 46.18 billion by the end of 2023.

The bank achieved the second highest annual growth rate in the size of its customer loan portfolio during the year 2021, with an increase of 23.7%, and an increase of 6.58 billion pounds, recording the equivalent of 34.37 billion pounds by the end of 2021, compared to the equivalent of 27.79 billion pounds by the end of 2020.

The bank's total customer loan portfolio recorded annual growth rates of 10.4%, 21.7% and 11.5%, respectively, during the following years, 2023, 2022 and 2020.

During the first quarter of 2025, the total customer loan portfolio recorded a growth rate of 11.2% and an increase equivalent to 7.40 billion pounds, after rising to the equivalent of 73.33 billion pounds by the end of March 2025, compared to the equivalent of 65.93 billion by the end of 2024.

It is worth noting that «saib» bank achieved good growth rates in its main financial indicators during the first quarter of 2025, as its financial position increased at a growth rate of 8.1% during the first 3 months of this year, bringing the volume of its assets to the equivalent of 162.16 billion pounds by the end of March 2025, compared to the equivalent of 150 billion pounds by the end of 2024, achieving an increase equivalent to 12.16 billion pounds.

The bank’s customer deposit portfolio also witnessed a growth of 10.32%, represented by an increase equivalent to 12.13 billion pounds during the first quarter of this year, reaching the equivalent of 129.58 billion pounds by the end of March 2025, compared to the equivalent of 117.45 billion pounds by the end of 2024.

The bank achieved net profits equivalent to 390 million pounds during the first quarter of this year, compared to the equivalent of 581 million during the first quarter of 2024