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Saudi Arabia Banks Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 44 Pages
  • April 2023
  • Region: Saudi Arabia
  • MarketLine
  • ID: 5835168
Banks in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
  • The Saudi Arabian banks industry group had total assets of $967.4 billion in 2022, representing a compound annual growth rate (CAGR) of 9.1% between 2017 and 2022.
  • The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $611.4 billion, equivalent to 63.2% of the industry group's overall value.
  • The Saudi Arabian banks industry group has expanded recently owing to several factors, such as a robust regulatory framework, a growing economy, increasing interest rates, and a highly skilled labor population. According to in-house research, the real GDP annual growth of Saudi Arabia stood at 8.7% in 2022.

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 by both value and volume

Reasons to Buy

  • What was the size of the Saudi Arabia banks market by value in 2022?
  • What will be the size of the Saudi Arabia banks market in 2027?
  • What factors are affecting the strength of competition in the Saudi Arabia banks market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Saudi Arabia's banks market?
Frequently Asked Questions about the Saudi Arabian Banks Market

What is the estimated value of the Saudi Arabian Banks Market?

The Saudi Arabian Banks Market was estimated to be valued at $967.35 Billion in 2022.

What is the growth rate of the Saudi Arabian Banks Market?

The growth rate of the Saudi Arabian Banks Market is 6.2%, with an estimated value of $1306.86 Billion by 2027.

What is the forecasted size of the Saudi Arabian Banks Market?

The Saudi Arabian Banks Market is estimated to be worth $1306.86 Billion by 2027.

Who are the key companies in the Saudi Arabian Banks Market?

Key companies in the Saudi Arabian Banks Market include Al Rajhi Banking & Investment Corp, Saudi National Bank, Riyad Bank and The Saudi British Bank.

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What have been the recent M&A activities?
8 Company Profiles
8.1. Al Rajhi Banking & Investment Corp
8.2. Saudi National Bank
8.3. Riyad Bank
8.4. The Saudi British Bank
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Saudi Arabia banks industry value: $ billion, 2017-22
Table 2: Saudi Arabia banks industry category segmentation: % share, by value, 2017-2022
Table 3: Saudi Arabia banks industry category segmentation: $ billion, 2017-2022
Table 4: Saudi Arabia banks industry geography segmentation: $ billion, 2022
Table 5: Saudi Arabia banks industry value forecast: $ billion, 2022-27
Table 6: Al Rajhi Banking & Investment Corp: key facts
Table 7: Al Rajhi Banking & Investment Corp: Annual Financial Ratios
Table 8: Al Rajhi Banking & Investment Corp: Key Employees
Table 9: Al Rajhi Banking & Investment Corp: Key Employees Continued
Table 10: Saudi National Bank: key facts
Table 11: Saudi National Bank: Annual Financial Ratios
Table 12: Saudi National Bank: Key Employees
Table 13: Riyad Bank: key facts
Table 14: Riyad Bank: Annual Financial Ratios
Table 15: Riyad Bank: Key Employees
Table 16: The Saudi British Bank: key facts
Table 17: The Saudi British Bank: Annual Financial Ratios
Table 18: The Saudi British Bank: Key Employees
Table 19: Saudi Arabia size of population (million), 2018-22
Table 20: Saudi Arabia gdp (constant 2005 prices, $ billion), 2018-22
Table 21: Saudi Arabia gdp (current prices, $ billion), 2018-22
Table 22: Saudi Arabia inflation, 2018-22
Table 23: Saudi Arabia consumer price index (absolute), 2018-22
Table 24: Saudi Arabia exchange rate, 2018-22
List of Figures
Figure 1: Saudi Arabia banks industry value: $ billion, 2017-22
Figure 2: Saudi Arabia banks industry category segmentation: $ billion, 2017-2022
Figure 3: Saudi Arabia banks industry geography segmentation: % share, by value, 2022
Figure 4: Saudi Arabia banks industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the banks industry in Saudi Arabia, 2022
Figure 6: Drivers of buyer power in the banks industry in Saudi Arabia, 2022
Figure 7: Drivers of supplier power in the banks industry in Saudi Arabia, 2022
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Saudi Arabia, 2022
Figure 9: Factors influencing the threat of substitutes in the banks industry in Saudi Arabia, 2022
Figure 10: Drivers of degree of rivalry in the banks industry in Saudi Arabia, 2022

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Al Rajhi Banking & Investment Corp
  • Saudi National Bank
  • Riyad Bank
  • The Saudi British Bank