The combined credit portfolioAlso of Saudi Arabia’s listed banks rose 12 percent to SAR 1,265.6 billion by the end of last year, compared to the same period in 2013, according to data compiled by Argaam.
Non-performing loans (NPLs) in 2014 declined 7 percent to SAR 14.4 billion, while the coverage ratio improved from 157 percent to 183 percent.
|
Comparison of 2013-2014 Credit Portfolio (SAR mln) |
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|
Change |
2014 |
2013 |
Period |
|
+12% |
1,265.6 |
1,129.1 |
Credit Portfolio in billion |
|
(7%) |
14.4 |
15.6 |
NPLs in billion |
|
(0.24%) |
1.14% |
1.38% |
NPLs ratio to credit portfolio |
|
+26% |
183% |
157% |
Coverage ratio |
NPLs of most banks fell last year. The biggest drop was posted by Saudi Fransi Bank, with a 22 percent decline, followed by SAMBA Financial Group and Riyad Bank.
The NPLs of four banks increased, led by Alinma Bank and Saudi Hollandi.
|
NPLs in 2010-2014 (SAR mln) |
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|
2014 |
2013 |
2012 |
2011 |
2010 |
Bank |
|
2,851 |
2,919 |
4,949 |
4,271 |
5,163 |
NCB |
|
1,049 |
1,264 |
2,037 |
1,879 |
1,814 |
RIBL |
|
370 |
429 |
1,040 |
1,031 |
1,330 |
BJAZ |
|
436 |
395 |
450 |
1,802 |
1,791 |
Saudi Investment |
|
841 |
738 |
722 |
735 |
931 |
Saudi Hollandi |
|
1,182 |
1,517 |
1,045 |
1,128 |
1,016 |
Saudi Fransi |
|
1,494 |
1,525 |
1,598 |
1,678 |
2,615 |
SABB |
|
1,095 |
1,004 |
1,314 |
1,784 |
2,029 |
Arab National |
|
1,659 |
2,011 |
2,340 |
2,764 |
3,139 |
SAMBA |
|
2,655 |
3,007 |
3,530 |
2,396 |
2,663 |
Al Rajhi |
|
430 |
460 |
752 |
685 |
708 |
AL Bilad |
|
350 |
302 |
122 |
10 |
0 |
Alinma |
|
14,412 |
15,571 |
19,899 |
20,163 |
23,199 |
Total |
The NPLs ratio to total banks credit portfolio declined to 1.14 percent compared to 1.38 percent in 2013.
Al-Bilad, SAMBA, and SABB reported the highest NPLs ratios at 1.52 percent, 1.34 percent, and 1.30 percent respectively.
Saudi banks accelerated their NPLs coverage ratio above 160 percent.
|
NPLs to Credit Portfolio and Coverage Ratios 2013-2014 |
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|
2014 |
2013 |
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|
Coverage ratio |
NPLs to credit portfolio |
Coverage ratio |
NPLs to credit portfolio |
Bank |
|
|
%180 |
%1.29 |
%165 |
%1.56 |
NCB |
|
|
%189 |
%0.79 |
%153 |
%0.96 |
RIBL |
|
|
%173 |
%0.89 |
%154 |
%1.23 |
BJAZ |
|
|
%188 |
%0.76 |
%178 |
%0.83 |
Saudi Investment |
|
|
%161 |
%1.29 |
%162 |
%1.39 |
Saudi Hollandi |
|
|
%195 |
%1.01 |
%146 |
%1.36 |
Saudi Fransi |
|
|
%161 |
%1.30 |
%148 |
%1.44 |
SABB |
|
|
%218 |
%1.06 |
%205 |
%1.14 |
Arab National |
|
|
%161 |
%1.34 |
%145 |
%1.77 |
SAMBA |
|
|
%196 |
%1.29 |
%144 |
%1.61 |
Al Rajhi |
|
|
%192 |
%1.52 |
%195 |
%1.96 |
Al Bilad |
|
|
%188 |
%0.65 |
%170 |
%0.67 |
Alinma |
|
|
%183 |
%1.14 |
%157 |
%1.38 |
Total |
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