Saudi Arabia Commercial Banking Report Q3 2009

Executive Summary .........................5
Table: Levels (SARbn) ...................................... 5
Table: Latest Actual Data (US$bn)................... 5
Table: Latest Key Indicators At October 2008....................................... 5
Table: Annual Growth Rate Projections, 2009-2013 (%) ...................... 6
Table: Ranking Out Of 59 Countries Reviewed In 2009 ........................ 6
Table: Projected Levels (SARbn) ...................... 6
Table: Projected Levels (US$bn) ...................... 6
Overview Of Saudi Arabia’s Commercial Banking Sector ......................................7
SWOT Analysis.................................8
Saudi Arabia Commercial Banking SWOT ....... 8
Saudi Arabia Political SWOT ........................... 9
Saudi Arabia Economic SWOT....................... 10
Saudi Arabia Business Environment SWOT.... 10
Commercial Banking Business Environment Rating.......11
Table: Commercial Banking Business Environment Ratings ................ 11
Commercial Banking Business Environment Rating Methodology ....... 14
Table: Middle East And Africa Commercial Banking Business Environment Ratings ............... 15
Economic Analysis – Global Banking Sector Outlook.....16
Table: Client Loans, 2007-2013 (% Change y-o-y) ............................. 17
Table: Loan-Deposit Ratio, 2007-2013........... 18
Regional Outlook............................20
Middle East And North Africa Banking Outlook....................................... 20
Table: Comparison Of Loan/Deposit, Loan/Asset And Loan/GDP Ratios, 2009 ....................... 25
Table: Anticipated Developments In 2009 ...... 26
Table: Comparison Of Total Assets, Client Loans And Client Deposits (US$bn) ...................... 27
Table: Comparison Of Per Capita Deposits, Late 2008 (US$) ............. 28
Table: Interbank Rates And Bond Yields ........ 29
Commercial Bank Sector Outlook ......................................30
Macroeconomic Activity ................................. 31
Table: Saudi Arabia – Economic Activity ....... 33
Balance Of Payments...................................... 33
Table: Saudi Arabia – Balance Of Payments....................................... 35
Fiscal Policy.............. 35
Table: Saudi Arabia – Fiscal Policy............... 37
Investment Climate ......................................... 37
Islamic Banking – Not Escaping The Crisis ......................40
Market Structure.............................47
Protagonists............... 47
Table: Protagonists In Saudi Arabia’s Commercial Banking Sector .... 47
Definition Of The Commercial Banking Universe................................ 48
List Of Banks ............. 48
Table: Saudi Banks ......................................... 48
Table: Branches Of Foreign Banks................. 49
Company Profiles...........................50
Al Rajhi Bank............. 50
Table: Key Statistics For Al Rajhi Bank, 2004-2008 (SARmn) ............. 51
Riyad Bank................. 52
Table: Key Statistics For Riyad Bank, 2004-2008 (SARmn) ................ 53
National Commercial Bank............................. 54
Samba Financial Group.................................. 55
Table: Key Statistics For Samba Financial Group, 2004-2008 (SARmn) .................................. 56
Arab National Bank ........................................ 57
Table: Key Statistics For Arab National Bank, 2004-2008 (SARmn).... 57
Saudi Hollandi Bank....................................... 58
Table: Key Statistics For Saudi Hollandi Bank, 2004-2008 (SARmn) ....................................... 58
Methodology...................................59
Basis Of Projections ....................................... 60
Commercial Bank Business Environment Rating................................. 60
Table: Commercial Banking Business Environment Indicators And Rationale.......................... 61
Table: Weighting Of Indicators ...................... 62