Riyadh - Mubasher: Al Rajhi Bank posted 32.45% higher net profits at SAR 12.05 billion in the first half (H1) of 2025, compared to SAR 9.10 billion in H1-24.

The earnings per share (EPS) climbed to SAR 2.86 as of 30 June 202 from SAR 2.16 a year earlier, according to the interim financial results.

Clients’ deposits witnessed a 3.11% year-on-year (YoY) growth to SAR 641.98 billion during the first six months (6M) of 2025, compared to SAR 622.57 billion.

Assets hiked by 19.84% to SAR 1.03 trillion in H1-25 from SAR 866.96 billion in H1-24, while the investments enlarged by 18.57% to SAR 181.44 billion from SAR 153.02 billion.

Financials for Q2

In the second quarter (Q2) of 2025, Al Rajhi Bank recorded net profits valued at SAR 6.15 billion, up 30.92% YoY from SAR 4.69 billion.

Quarterly, the profits in Q2-25 grew by 4.14% from SAR 5.90 billion in January-March 2025.

Financing Agreement

On 20 July, Quara Finance Company secured a SAR 100 million loan from Al Rajhi Bank for four years.

The company will use the Sharia-compliant credit facility to expand and increase the sales volume in line with its strategy and future plans.

The financing agreement is secured by a promissory note, a guarantee of liability, and joint performance from the owners. This is in addition to the assignment of receivables to cover 125% of the outstanding balance of the facilities.