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

Abstract

Summary

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?

Content

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 MarketLine research
10.4. About MarketLine

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