Key Highlights
- Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
- The Saudi Arabian banking industry recorded assets of $1.19 trillion in 2024, representing a compound annual growth rate (CAGR) of 11.3% between 2019 and 2024.
- The bank credit segment accounted for the industry's largest proportion in 2024, with total assets of $761.4 billion, equivalent to 63.5% of the industry's overall value.
- The growth of the Saudi Arabian banking industry is strongly driven by the expanding economy, which fuels demand for credit, deposits, and other banking services.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Saudi Arabia
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia banks market with five year forecasts
Reasons to Buy
- What was the size of the Saudi Arabia banks market by value in 2024?
- What will be the size of the Saudi Arabia banks market in 2029?
- What factors are affecting the strength of competition in the Saudi Arabia banks market?
- How has the market performed over the last five years?
- What are the main segments that make up Saudi Arabia's banks market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Saudi National Bank
- Al Rajhi Banking & Investment Corp
- Riyad Bank
- Saudi Awwal Bank