The Saudi National Bank (1180) Strategy presentation summary

Strategic vision and market context

• Aims to become the 'Bank of Tomorrow' by 2027, building on a successful merger and strong financial performance.

• Focuses on scale, resilience, diversified business model, and leadership in funding and efficiency.

• Targets growth driven by Vision 2030, favorable demographics, and digital innovation.

• Sustainability and ESG initiatives are central, with significant green finance achievements and net zero ambitions.

Key strategic pillars and priorities

• Strengthen market share in retail and corporate, enhance fee income, and drive CASA acquisition.

• Sustain operational excellence through automation, cost optimization, and agile execution.

• Embed customer centricity with improved NPS and transformative customer journeys.

• Lead in digital innovation, expanding AI use cases and digital sales, and growing NEO customers.

• Attract and develop talent, improve organizational health, and increase training and specialized hiring.

Segmental strategies

• Retail banking targets >30% market share, high single-digit financing growth, and expanded product suite.

• Wholesale banking aims for 20-21% market share, mid-teens financing growth, and enhanced cross-sell.

• SNB Capital maintains leadership in AUM and brokerage, expanding advisory and digital solutions.

• Digital ventures focus on scaling NEO, BaaS, and innovative loyalty programs, targeting >5mn NEO customers.

• International operations prioritize resilience, cost optimization, and digital transformation.