Bank Aljazira · TADAWUL:1020
Bank Aljazira — H1 2025 Earnings Presentation
28 slides from Bank Aljazira's earnings presentation, Aug 6, 2025
Slide 1: Bank AlJazira Earnings Presentation 1H 2025
Bank AlJazira Earnings Presentation 1H 2025
Slide 2: Strong momentum, driven by solid asset growth, margin and fee income improvement
Highlights Highlights Strategy & ESG Financials Guidance Appendix Strong momentum, driven by solid asset growth, margin and fee income improvement 1 Delivered strong financial results, with net income up 20% YoY to ¥ 743 Mn and operating income up 22%, driven by broad-based business growth, healthy
Slide 3: Strategic Progress
Strategic Progress
Slide 4: Our transformation agenda continues to move forward in year two of our 5-year strategy
Refreshed Strategy Highlights Strategy & ESG Financials Guidance Appendix Our transformation agenda continues to move forward in year two of our 5-year strategy The Refreshed Strategy Business Lines Vision Where are we heading? Corporate Retail Segment and sector focused CIBG: Bank-of-choice for aff
Slide 5: Strategic execution progresses across business lines and technology enablers
Strategy Progress Highlights Strategy & ESG Financials Guidance Appendix Strategic execution progresses across business lines and technology enablers Corporate Initiatives Achievements Non-funded assets segment Introduce a new trade finance and Launched new trade finance products and achieved non fu
Slide 6: Digitization driving business innovation
Digital Progress Snapshot Highlights Strategy & ESG Financials Guidance Appendix Digitization driving business innovation Key achievements Retail segment Digital A/C opened through 64% Penetration mobile (%) Accelerated digital transformation across retail and corporate segments through new platfo
Slide 7: ESG Highlights
Spal Clin > BANK ALJAZIRA
Slide 8: BAJ is driving meaningful ESG outcomes across the business
ESG Highlights Highlights Strategy & ESG Financials Guidance Appendix BAJ is driving meaningful ESG outcomes across the business Environmental Green Financing Waste Management Recycling Initiative Reduced Paper Usage Reduced usage of around Awards & Recognitions Surpassing Recycled Formally launched
Slide 9: Financial Performance
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Slide 10: Balance Sheet: Summary & Total Assets
Balance Sheet: Summary & Total Assets Highlights Strategy & ESG Financials Guidance Appendix Balance sheet | Assets expanding by 6% YTD and 3% QoQ driven by financing growth Balance Sheet Total Assets (¥ Bn) 2Q 2025 +6% Management commentary The balance sheet witnessed a 6% expansion during 1H 202
Slide 11: Balance Sheet: Financing
Balance Sheet: Financing Highlights Strategy & ESG Financials Guidance Appendix Financing | Financing increased 7% driven by both commercial and consumer loan growth Financing Composition (%) 2Q 2025 Financing Movement YTD (¥ Bn) 2Q 2025 +7% Large corporates 2.8% Commercial 10.8% Mid corporates 1.5
Slide 12: Balance Sheet: Investments
Balance Sheet: Investments Highlights Strategy & ESG Financials Guidance Appendix Investments | Modest growth in investments while increasing share of fixed-rate assets Investments Movement YTD (¥ Bn) 2Q 2025 Investments (¥ Bn) 2Q 2025 +3% +3% 2.8 36.1 36.2 36.7 37.4 34.6 37.4 36.2 (0.9) 20.3 20.8 2
Slide 13: Balance Sheet: Liabilities and Liquidity
Balance Sheet: Liabilities and Liquidity Highlights Strategy & ESG Financials Guidance Appendix Liquidity | Strong liquidity position to support future growth Total Liabilities Movement YTD (¥ Bn) 2Q 2025 Loans to Customers' Deposit Ratios (%) 2Q 2025 +5% 91.7% 90.8% 88.5% 89.7% 89.6% 6.0 0.2 138.5
Slide 14: Balance Sheet: Customers' Deposits
Balance Sheet: Customers’ Deposits Highlights Strategy & ESG Financials Guidance Appendix Deposits | Deposit grew by 6% driven by time deposits Customers' Deposits (¥ Bn) 2Q 2025 Customers' Deposits Movement YTD (¥ Bn) 2Q 2025 +6% +6% 108.2 109.6 114.2 6.5 103.3 1.2 114.2 98.6 108.2 59.5 60.2 61.1 6
Slide 15: Income Statement: Summary & Net Income
Income Statement: Summary & Net Income Highlights Strategy & ESG Financials Guidance Appendix Income Statement | 20% net income growth from top-line expansion Income Statement Quarterly Net Income (¥ Mn) 2Q 2025 +20% Management commentary Net income for 1H 2025 rose 20% YoY, from higher operating
Slide 16: Income Statement: Net Financing and Investment Income and Margin
Income Statement: Net Financing and Investment Income and Margin Highlights Strategy & ESG Financials Guidance Appendix Net financing & investment income | Up 21% from asset growth and margin improvement Net Financing & Investment Income Movement YoY (¥ Mn) 1H 2025 Quarterly Net Margin (%) 2Q 2025 +
Slide 17: Income Statement: Fee & Other Income
Income Statement: Fee & Other Income Highlights Strategy & ESG Financials Guidance Appendix Fee & other income | Boosted by fees from banking services and exchange income Fee & Other Income Movement YoY (¥ Mn) 1H 2025 Net Fee Income From Banking Services Movement YoY (¥ Mn) 1H 2025 +23% +29% 14 19 3
Slide 18: Income Statement: Operating Income & Expenses
Income Statement: Operating Income & Expenses Highlights Strategy & ESG Financials Guidance Appendix Operating Income | Cost-to-income ratio improving YoY on positive jaws Quarterly Total Operating Income (¥ Mn) 2Q 2025 Quarterly Operating Expenses (¥ Mn) 2Q 2025 Operating Jaws 1H 2025 21.8% +22% +1
Slide 19: Credit Quality
Credit Quality Highlights Strategy & ESG Financials Guidance Appendix Credit quality | Credit impairments rose driven by the commercial portfolio Cost of Risk* (%) 1H 2025 NPL Ratio and Stage 3 Share (%) 2Q 2025 NPL Coverage Ratio 2Q 2025 0.38% 0.38% 4.16% 3.74% 3.45% 3.06% 3.16% 0.32% 0.32% 0.28% 1
Slide 20: Capitalization
Capitalization Highlights Strategy & ESG Financials Guidance Appendix Capitalization | Capital ratios supported by Tier 1 Sukuk issuance and net income, but offset by RWA growth Capital Ratios (%) 2Q 2025 Capital Adequacy Ratio Movement YTD (%) 2Q 2025 -12bps 18.2% 18.1% 18.0% 18.1% 17.9% 0.7% 0.3%
Slide 21: Profitability
Profitability Highlights Strategy & ESG Financials Guidance Appendix Profitability | Returns are improving EPS (¥ ) FY 2024 ROAE (%) 1H 2025 9.35% 9.14% 8.53% 8.56% Normalized 0.81 0.81 8.36% ROAE: 7.91%* 0.69 8.19% 8.01% 7.47% 7.50% 7.32% -14% +17% 2022 2023 2024 1H 24 9M 24 FY 24 1Q 25 1H 25 ROAE
Slide 22: Segmental Performance
Segmental Performance Highlights Strategy & ESG Financials Guidance Appendix Segments | Diverse mix with well-balanced growth across segments Total Assets Movement YTD (¥ Bn) 2Q 2025 Total Assets Composition (%) 2Q 2025 +6% Corporate 2.9% 0.2% 1.2 0.71 0.01 157.6 2.7 148.9 4.0 Retail 32.1% 34.6% Tre
Slide 23: Guidance
Spal Clin > BANK ALJAZIRA
Slide 24: Guidance
Guidance Highlights Strategy & ESG Financials Guidance Appendix Guidance | 1H 2025 results aligned with expectations, FY25 guidance unchanged Guidance Metric FY 2024 Actual 1H 2025 Actual FY 2025 Guidance Drivers Financing growth +20% +7% YTD Lower teens Anticipate the continuation of double-digit f
Slide 25: Q&A
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Slide 26: Appendix
Spill lis BANK ALJAZIRA
Slide 27: Connect with us
Contacts Highlights Strategy & ESG Financials Guidance Appendix Connect with us IR Contacts Latest Reports IR email: IR@BankAlJazira.com Annual Report 2024 Sustainability Report 2024 Muhammad Majid Khan, Head of Investor Relations Direct: +966 (12) 609 8997 Email: MMKhan@BankAljazira.com Bank AlJazi
Slide 28: Disclaimer
Disclaimer Highlights Strategy & ESG Financials Guidance Appendix Disclaimer The Bank Aljazira (BAJ) prepared this presentation on a proprietary basis as general background information about the activities of BAJ. The information contained herein is given in summary form and for discussion purposes