{"id":83565,"date":"2024-02-19T00:00:00","date_gmt":"2024-02-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/"},"modified":"2024-02-19T00:00:00","modified_gmt":"2024-02-19T00:00:00","slug":"four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/","title":{"rendered":"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Four of the nation\u2019s seven largest banks saw their portfolio of non-performing loans dip <\/strong><strong>last year<\/strong>, but an increase in NPLs at three of the seven saw the collective figure rise 32% year-on-year, financial information service <a target=\"_blank\" href=\"https:\/\/www.mubasher.info\/news\/4249012\/13%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%B1%D9%8A%D8%A7%D9%84-%D8%A7%D9%84%D8%AF%D9%8A%D9%88%D9%86-%D8%A7%D9%84%D9%85%D8%B9%D8%AF%D9%88%D9%85%D8%A9-%D9%84%D9%807-%D8%A8%D9%86%D9%88%D9%83-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-%D8%B9%D8%A7%D9%85-2023-%D9%8837-%D9%85%D9%86%D9%87%D8%A7-%D9%84%D9%84%D8%A3%D9%81%D8%B1%D8%A7%D8%AF\/\" style=\"\" rel=\"noopener\">Mubasher<\/a> reports after an analysis of the lenders\u2019 financial statements. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The seven institutions: <\/strong>Saudi National Bank (SNB), Al Rajhi Bank, AlJazira Bank, Banque Saudi Fransi, Bank Albilad, Alinma Bank, and Arab National Bank (ANB). Together, they held NPLs worth SAR 13 bn at the end of last year, Mubasher says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A high NPL to total loans ratio suggests rising credit risk<\/strong> and will generally see banks take steps to tighten credit requirements and start collecting receivables. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In context: <\/strong>Total NPLs at all seven of the banks are (very) comfortably within safety margins.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ANB saw the largest uptick in NPLs <\/strong>in percentage terms, with the figure rising 5x y-o-y to SAR 1.5 bn in 2023. Saudi Fransi followed with a 3x uptick to SAR 4.2 bn, while the NPLs of SNB grew 85% y-o-y to SAR 3.9 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alinma kept a tight rein on the quality of its assets, with NPLs clocking in at just SAR <\/strong><strong>826 mn last year, down from <\/strong><strong>SAR 1.1 bn in 2022. <\/strong>AlJazira followed with a 37% y-o-y decline to SAR 192 mn, while Al Rajhi saw a 31% y-o-y drop in NPLs to SAE 3.1 bn and Albilad saw an 11% fall to SAR 290 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-performing loans to individuals rose 14% last year <\/strong>at the seven banks studied to close at SAR 4.8 bn, or about 37% of the total portfolio of non-performing assets held by the seven banks. Only Al Rajhi and SNB saw year-on-year drops in the value of NPLs written to individual borrowers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What do banks do with NPLs?<\/strong> First off, they try to collect. When that fails, they could look to negotiate <strong>restructured <\/strong>terms with borrowers at terms and on a timeline that could make repayment feasible or <strong>write the loans off entirely<\/strong>, taking a charge on their books that acknowledges the loss. Lenders also take <strong>provisions<\/strong>, taking reversible charges against facilities that are overdue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Personal NPLs accounted for 37% of the total NPLs of seven banks<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2617],"tags":[71,72,1116,1117,962,19,77,57,10,1115],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83565","post","type-post","status-publish","format-standard","hentry","category-banking","tag-al-rajhi-bank","tag-alinma-bank","tag-aljazira-bank","tag-and-arab-national-bank-anb","tag-bank-albilad","tag-banking","tag-banque-saudi-fransi","tag-debt-watch","tag-enterpriseam-ksa","tag-saudi-national-bank-snb","wpautop","entry"],"acf":{"mongo_id":"7d597d38-5c3c-4ce4-9b9b-a2bfc172d722","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"Four of Saudi Arabia\u2019s seven largest banks saw NPLs dip last year","related_issue":[83561],"teaser":"Personal NPLs accounted for 37% of the total NPLs of seven banks","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.c7c17f1e-cf91-43b2-91d3-3d7cc7c9da63.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year\" \/>\n<meta property=\"og:description\" content=\"Personal NPLs accounted for 37% of the total NPLs of seven banks\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-19T00:00:00+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year\",\"datePublished\":\"2024-02-19T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/\"},\"wordCount\":346,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"keywords\":[\"Al Rajhi Bank\",\"Alinma Bank\",\"AlJazira Bank\",\"and Arab National Bank (anb)\",\"Bank Albilad\",\"BANKING\",\"Banque Saudi Fransi\",\"debt watch\",\"EnterpriseAM KSA\",\"Saudi National Bank (SNB)\"],\"articleSection\":[\"BANKING\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/\",\"name\":\"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"datePublished\":\"2024-02-19T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/","og_locale":"en_US","og_type":"article","og_title":"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year","og_description":"Personal NPLs accounted for 37% of the total NPLs of seven banks","og_url":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/","og_site_name":"KSA","article_published_time":"2024-02-19T00:00:00+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year","datePublished":"2024-02-19T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/"},"wordCount":346,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"keywords":["Al Rajhi Bank","Alinma Bank","AlJazira Bank","and Arab National Bank (anb)","Bank Albilad","BANKING","Banque Saudi Fransi","debt watch","EnterpriseAM KSA","Saudi National Bank (SNB)"],"articleSection":["BANKING"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/","url":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/","name":"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"datePublished":"2024-02-19T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/02\/19\/four-of-the-kingdoms-seven-largest-banks-saw-npls-dip-last-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Four of the Kingdom\u2019s seven largest banks saw NPLs dip last year"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/83565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=83565"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/83565\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/83561"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=83565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=83565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=83565"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=83565"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=83565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}