Bank Aljazira (1020.SR)

Overall impact
D (38)

Commentary

Bank Aljazira is a below-average overall performer. With a 'D' rating of 38.4 for overall impact (bottom 25% of all companies), Bank Aljazira ranks 162nd out of 180 industry peers, behind Popular, Bancolombia, Banco Santander Chile and 158 others, and ahead of Saudi National Bank, Industrial Bank Co., Ltd., China Construction Bank and 15 others. On top material causes for Bank Aljazira's industry (Banking), Bank Aljazira performs poorly in No Poverty (33.6 score), Reduced Availability of Weapons (22.7), Free, Secure Flow of Information (32.4) and 10 other causes where it received a 'D' or 'F' score. Bank Aljazira did not receive an 'A' rating on any cause.
Impact
Cause 1020.SR
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Employees
2,770
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Saudi Arabia
Share classes
1020.SR
Description
Bank AlJazira provides a range of Shari'ah compliant banking products and services for individuals, corporates, small to medium sized businesses, and institutions in the Kingdom of Saudi Arabia. The company operates through Personal Banking, Corporate Banking, Treasury, Brokerage and Asset Management, and Others segments. It offers saving and current accounts; real estate and personal financing services, as well as auto lease; safety deposits; money transfer; e-statement; investment products; and digital, ladies, and e-banking services, as well as retirement, education and marriage, medical, travel, and motor insurance products. The company provides direct finance, short-term loans, capital expenditure finance, finance of projects'/contracts' extracts, letters of credit/refinance, and syndication finance; secure lending and post shipment financing, as well as trade services for letter of guarantees, letter of credit, and collection documents; and POS financing and dentistry and dental clinic finance; remittances, Hajj Drafts, account maintenance, payments, foreign exchange, letters of guarantees and SR remittances, and bilateral and direct financing, as well as services for the public sector. In addition, it provides investment banking services comprising brokerage and asset management services, as well as corporate investment banking services through initial public offerings, private placement, capital increase, and underwriting, as well as cash management and corporate payroll services. Further, the company provides ATM and credit cards, safe deposit lockers, trading commission, foreign currency exchange, short term deposits, and structured products; wealth management services; and treasury services, including naqa'a and thrift saving programs, foreign exchange, FX forward, money market, structured products, and hedging solutions, as well as margin financing services. The company was incorporated in 1975 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
Material causes
Ethos considers the following causes material for Bank Aljazira, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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