Preview

Saudi Arabia Banking Sector: Biggest Beneficiary of the Economic Boom

Powerful Essays
Open Document
Open Document
64973 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Saudi Arabia Banking Sector: Biggest Beneficiary of the Economic Boom
Global Research

Sector

Saudi Arabia

Saudi Arabia Banking Sector
Biggest beneficiary of the economic boom...
September 2006

Global Investment House KSCC
Sector Research Souk Al-Safat Bldg., 2nd Floor P Box 28807 Safat .O. 13149 Kuwait Tel: (965) 240 0551 Fax: (965) 240 0661 Email: research@global.com.kw http://www.globalinv.net Global Investment House stock market indices can be accessed from the Bloomberg page GLOH and from Reuters Page GLOB

Omar M. El-Quqa, CFA
Executive Vice President omar@global.com.kw Phone No:(965) 2400551 Ext.104

Shailesh Dash, CFA
Head of Research shaileshdash@global.com.kw Phone No:(965) 2400551 Ext.196

Faisal Hasan, CFA
Senior Financial Analyst fhasan@global.com.kw Phone No:(965) 2400551 Ext.304

Chandresh Bhatt
Senior Financial Analyst cbhatt@global.com.kw Phone No:(965) 2400551 Ext 270

Amit Tripathy
Senior Financial Analyst amitt@global.com.kw Phone No:(965) 2400551 Ext.269

Mihir J. Marfatia
Financial Analyst mihir@global.com.kw Phone No:(965) 2400551 Ext.421

Table of Contents

Investment Summary ................................................................................... Saudi Economy ............................................................................................. Saudi Banking Sector .................................................................................. Peer Group Comparison ............................................................................. Saudi Banking Sector Outlook .................................................................. Valuation & Recommendation ..................................................................

1 3 6 15 23 25

Player Profiles Al Rajhi Bank ............................................................................................ Arab National Bank ................................................................................... Banque Saudi Fransi
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Analyst Research Report Snapshot
    • 797 Words
    • 4 Pages

    Analyst Research Report Snapshot

    This report is essential reading for any serious investor, providing comprehensive financial information on a company's performance, position and cash flows over the past 3 years, includinginterim data. This information, extracted from reported financial statements, forms the building blocks for any analysis undertaken by investment professionals. - Key Stats and Ratios including; Valuation Ratios (e.g. Price/Earnings), Per Share Data (e.g. EPS), Profitability Ratios (e.g. Gross Margin), Management Effectiveness (e.g. Return on Equity), Financial Strength (e.g. Quick Ratio) and Dividend Information (e.g. Dividend Yield). - 3 years of history are available for most ratios (see above). - Share performance data and 12 month chart - Profit & Loss Account (3 years) - Balance sheet (3 years) - Cash Flow Statement (3 years) - Educational content: Definitions of ratios and guidance on using the data - Graphical analysis: All the key data in the report is charted. Reuters Investment Profile reports are now available for over 25,000 companies globally.Every report is updated weekly to ensure that the information remains current.…

    • 797 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Better Essays

    The Financial Crisis
    • 1012 Words
    • 5 Pages

    The Financial Crisis

    Ellaboudy S. 2010. The global financial crisis: economic impact on GCC countries and policy implications. International Research Journal of Finance and Economics, 41:176-194.…

    • 1012 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Saudi Arabian Economy
    • 394 Words
    • 2 Pages

    Saudi Arabian Economy

    Saudi Arabia economy is its response to the rapid economic variables on a global, regional and local levels Proof of this the successive jumps of the Kingdom in the standards world rankings year after…

    • 394 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    Determining and Comparing Saudi Arabian Health Insurance Plan to Western Schemes
    • 17219 Words
    • 69 Pages

    Determining and Comparing Saudi Arabian Health Insurance Plan to Western Schemes

    Richard, H. (1992). Investment in Saudi Arabia: A legal Minefield. A Journal from International Financial Law Review. Washington: Sep/Oct 2004. p. 66. 5p.…

    • 17219 Words
    • 69 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    The Arab Oil Boom
    • 301 Words
    • 2 Pages

    The Arab Oil Boom

    The Arab oil boom took place after the 1967 war. The 1973 oil crisis began on October 17, 1973, when Arab members of the OPEC, during the Yom Kippur War, announced that they would no longer ship petroleum to nations that had supported Israel. This included the United States and its allies in Western Europe. At around this same time, the OPEC members agreed to use their leverage over the world price-setting mechanism for oil in order to quadruple world oil prices. The dependence on oil which was produced mostly by Middle Eastern countries became clear to the US, Western Europe and Japan. It was after the Six Day War of 1967 that the Arab members of OPEC formed a separate, overlapping group which was called the Organization of Arab Petroleum Exporting Countries. They did this for the sole purpose of centering policy and exerting pressure on the West over grouping to help make its objectives clear.…

    • 301 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Saudi Arabia Case Study
    • 1530 Words
    • 7 Pages

    Saudi Arabia Case Study

    A few strengths and elements influence the opposition between various countries and elements that have been expounded by a model made by Michael E. Doorman. There are four fluctuated variables exhibited by the jewel show made by Porter. These variables clarify the capacity that a country has, so as to hold rivalry inside nation domains and over the globe (Bakan, 2012). The achievement and gainfulness of the ventures of a country is examined utilizing the four distinct elements. What's more, the execution variables and obstructions that make a country effective are likewise thought about under this model. According to the wonders by Porter, the opposition of a country is very needy upon its capacity to build its abilities and in addition capacities…

    • 1530 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Kahskhq
    • 9049 Words
    • 37 Pages

    Kahskhq

    CONTENTS Chapter One: Chapter Two: International Economic Trends................................................ Monetary & Financial Markets Developments in the UAE 1- Monetary Developments ……………………………………. 2- UAE Financial Markets …………………………………….. Chapter Three: The Balance of Payments 1- An Outlook of the UAE Balance of Payments ……………... 2- The UAE Balance of Payments (2010-2011) ………............. Chapter Four: Central Bank Financial Position 1- Central Bank Balance Sheet …………………..…………….. 2- Earnings for the Year ………………….……………………. 3- Central Bank Financial Results ……………………………... Chapter Five: Currency Issue 1- Currency Notes ……………………………………………... 2- Currency Coins ……………………………………………... 3- New Issues During 2011…………………………………….. 3-1 Currency Issues……………………………………. …… 3-2 Commemorative…

    • 9049 Words
    • 37 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Kuwait Oil and Gas Industry (Q2 2014)- - Market Size, Growth & Forecast to 2025
    • 539 Words
    • 3 Pages

    Kuwait Oil and Gas Industry (Q2 2014)- - Market Size, Growth & Forecast to 2025

    Kuwait oil and gas report from Researcher is an initial guide, providing information on fields, blocks, storage, LNG, refinery and pipelines in Kuwait.…

    • 539 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Saudi Arabia
    • 1942 Words
    • 8 Pages

    Saudi Arabia

    This profile on Saudi Arabia is intended to provide important information on a number of relative subjects that will help you consider establishing a business or considering investing in the Kingdom of Saudi Arabia.…

    • 1942 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Banking Industry in Bangladesh
    • 2468 Words
    • 10 Pages

    Banking Industry in Bangladesh

    Bangladesh Bank (BB) has been working as the central bank since the country's independence. Its prime jobs include issuing of…

    • 2468 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Working Capital Management in Iocl
    • 10769 Words
    • 44 Pages

    Working Capital Management in Iocl

    Bibliography: 1. Online Resources: a. http://www.capitaline.com/ b. http://www.moneycontrol.com/ c. http://360.datamonitor.com d. http://www.investopedia.com e. CMIE Databases 2. IOCL annual report 2005-06 3. IOCL annual report 2006-07 4. IOCL annual report 2007-08 5. IOCL annual report 2008-09 6. IOCL annual report 2009-10 7. IOCL annual report 2010-11…

    • 10769 Words
    • 44 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    The National Bank of Kuwait
    • 252 Words
    • 2 Pages

    The National Bank of Kuwait

    1) Since the development of the new ERP SHOROUQ system in NBK, the company has been changed essentially. The new system was originally developed according to the group's mission to establish a leadership position across the region. This is why an IT transformation project including a full revamp of the core systems and associated decision support tools with more focus towards Business Intelligence (BI) was urgent and pertinent to the company's customer focus…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Bank Management System
    • 12668 Words
    • 51 Pages

    Bank Management System

    Dr. Shamshad Akhtar, 2006, Financial Sector of Pakistan – The Roadmap, Dawn Asia Finance Conference.…

    • 12668 Words
    • 51 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Islamic Banking
    • 13780 Words
    • 56 Pages

    Islamic Banking

    A critical reference source for decision makers in the global Islamic finance industry, providing strategic insights from Ernst & Young Dear Banking & Finance Leader, It is with great pleasure that we present to you the 9th annual edition of the World Islamic Banking Competitiveness Report 2012/13, developed in collaboration with leading global professional services and advisory firm Ernst & Young, and exclusively launched onsite at the 19th Annual World Islamic Banking Conference (WIBC 2012) during a specially convened WIBC plenary session held on the 10th of December 2012 in the Kingdom of Bahrain. More than 1,200 industry leaders from over 50 countries attended WIBC 2012 to chart new directions for the global Islamic finance industry, continuing WIBC’s longstanding tradition of shaping the future of Islamic finance. Despite the challenging global economic environment, leading Islamic financial institutions have been able to sustain their growth ambitions. The industry, with its increasingly international footprint, continues to demonstrate its resilience and competitiveness, while the range of Shari’ah-compliant products and services available globally has significantly widened and deepened. The rapid growth and the intensification of the industry’s internationalisation highlight the dynamic nature of the industry and underscore the increasing efforts of Islamic financial institutions to meet the growing demands of a global economy. However, in order to sustain growth over the long term, there is a need to put in place prudent legal and regulatory policies together with sound and efficient business frameworks that will further boost the resilience and success of the Islamic financial sector. We would like to express our sincere gratitude to Ernst & Young and their world renowned Islamic Financial Services Team for investing their considerable talent and resources in developing the World Islamic Banking Competitiveness Report 2012/13. The Report,…

    • 13780 Words
    • 56 Pages
    Powerful Essays
    Read More
  • Best Essays

    Environment Changes and Challenges
    • 2488 Words
    • 10 Pages

    Environment Changes and Challenges

    Al Zedjali, H. (2011). “Oman Successful banks”: the power of banking industry. Oman magazine. No. 13…

    • 2488 Words
    • 10 Pages
    Best Essays
    Read More

Related Topics