Non-performing loans fell by 15% to SAR 12.7bn at the end of 2013 with an increased coverage ratio of 155%, compared to 146% in 2012.
|
Comparison of Saudi Banks Credit Portfolio in 2013 to the Same Period of 2012 |
|||
|
Change |
2013 |
2012 |
Period |
|
+11% |
962 |
864 |
Credit Portfolio in billion |
|
(15%) |
12.7 |
14.9 |
Non-performing loans in billion |
|
(0.4%) |
1.34% |
1.77% |
ratio of NPL to total credit |
|
+9% |
155% |
146% |
Coverage ratio |
7 out of 11 banks, included in the study, reported a decline in the NPL. Riyad Bank and Al-Jazeerah Bank reported the most decline in NPL where the NPL were limited to SAR 1,264m and SAR 429 respectively.
The remaining four banks reported an increase in the NPL topped by Inmaa Bank where the NPL increased to more than double amount, followed by BSF at 45% increase.
|
|
|
|||||||
|
NPL (2010-2013) |
||||||||
|
2013 |
2012 |
2011 |
2010 |
Bank |
||||
|
1264 |
2037 |
1879 |
1814 |
Riyad Bank |
||||
|
429 |
1040 |
1031 |
1330 |
Al-Jazira Bank |
||||
|
395 |
450 |
1802 |
1791 |
The Saudi Investment Bank |
||||
|
738 |
722 |
735 |
931 |
Saudi Hollandi Bank |
||||
|
1517 |
1045 |
1128 |
1016 |
Banque Saudi Fransi |
||||
|
1525 |
1598 |
1678 |
2615 |
Sabb |
||||
|
1004 |
1314 |
1784 |
2029 |
Arab National Bank (ANB) |
||||
|
2011 |
2340 |
2764 |
3139 |
Samba |
||||
|
3007 |
3530 |
2396 |
2663 |
Al Rajhi Bank |
||||
|
460 |
752 |
685 |
708 |
Bank Al-Bilad |
||||
|
302 |
122 |
10 |
0 |
Alinma Bank |
||||
|
12652 |
14950 |
15892 |
18036 |
Total |
||||
* Numbers in SAR million
The NPL ratio, compared to total credit portfolio, decreased from 1.77% in 2012 to 1.34 in 2013.
Al-Bilad, SAMBA and Al-Rajhi banks reported the highest NPL ratios at 2%, 1.8% and 1.6% respectively, while Inmaa bank and the investment bank were the least in this regard at 0.7% an 0.8% respectively.
All banks under study have been able to increase their NPL coverage ratio above 140%, headed by the ANB at 205% and Al-Bilad Bank at 195% as shown in the following table:
|
Comparison of non-performing loans to credit portfolio and coverage percentage for 2012/2013 |
|||||
|
2013 |
2012 |
|
|||
|
Coverage ratio |
NPL% |
Coverage ratio |
NPL% |
Bank |
|
|
153% |
0.96% |
124% |
1.73% |
Riyad Bank |
|
|
154% |
1.23% |
132% |
3.47% |
Al-Jazira Bank |
|
|
178% |
0.83% |
181% |
1.32% |
The Saudi Investment Bank |
|
|
162% |
1.37% |
153% |
1.59% |
Saudi Hollandi Bank |
|
|
146% |
1.36% |
149% |
1.01% |
Banque Saudi Fransi |
|
|
148% |
1.44% |
151% |
1.66% |
Sabb |
|
|
205% |
1.14% |
205% |
1.52% |
Arab National Bank (ANB) |
|
|
145% |
1.77% |
133% |
2.28% |
Samba |
|
|
144% |
1.61% |
136 |
2.05 |
Al Rajhi Bank |
|
|
195% |
1.96% |
145% |
4.12% |
Bank Al-Bilad |
|
|
170% |
0.67% |
230% |
0.33% |
Alinma Bank |
|
|
155% |
1.34% |
146% |
1.77% |
Total |
|
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