How much is the profit of the National Bank? The National Bank is one of the most prominent financial institutions in the Kingdom of Saudi Arabia, and its market share has reached 30%. The National Bank also owns 90.71% of the shares of Al-Ahly Financial Company, the leading investment banking company. The total number of bank branches in the Kingdom reached 400 branches by the end of the year. 2017 is based on the provision of Islamic banking services, the bank maintained its leadership in the field of social and investment responsibility, and in this article we learn about the profits of the National Bank.

How much is the profit of the National Bank?

The bank periodically announces results and financial projections, so its net profits after zakat and tax amounted to 4.5 billion riyals by the end of the first quarter of the current year 2022 AD, representing an increase of about 32% compared to last year, so the bank achieved profits estimated at 3.4 billion The following is an explanation of the details of the profits of the National Bank:

One of the easy trading and control platforms, this system has flexibility in the screens and the order basket, in addition to many other advantages that contribute to the analysis of the Saudi trading market, and the following is an explanation of the method of logging in to Al Ahly Tadawul:

• In the beginning, you must log in to the AlAhli Tadawul platform.
• Click on the word Continue to get the steps to open a wallet.
• The option to deal with Al Ahly Capital Bank appears. It requires clicking on Next, and then agreeing to all decisions related to the Al Ahly Tadawul system.
• Choosing the shareholder’s preferred method for opening the account, which is of two types, either by entering some data that is by means of the ATM card, or by entering the data via an automated response.
• After that, it is required to activate your phone number registered through the National Commercial Bank, where it is required to enter the code that comes to you via a text message.
• After completing all the steps, it is required to fill in the data related to the financial information, or by answering some of the questions on the page.
• Also, your phone number and e-mail are entered, where the number is confirmed through the secret number sent to the registered e-mail or registered phone, then the process is completed successfully.
• The site also requires entering an access code and password for the user.
• Also enter the password and confirm it.
• After completing all these steps, log in to Al Ahli Bank Tadawul and open a portfolio.

See also: How to calculate the distribution of dividends

How to find out the National Bank wallet number

The presence of the portfolio helps to enter the Saudi market, with the possibility of purchasing any of the units or funds that are offered through Al-Ahly Capital, and at that time the shareholder must have his own current account with Al-Ahly Bank, as well as an investment account in Al-Ahly Capital, the following is how to learn Knowing the National Bank wallet number:

• The first method: This requires entering the bank’s online website, searching for the latest subscription information, and obtaining the wallet number.
• The second method: by entering Al Ahly Bank Online, then clicking on the transfer option and selecting the transfer to Al Ahly Capital.
• The third method: Through your direction, the shares owned or subscribed to by the individual are searched for
• Method 4: The wallet number can be obtained through the sale or purchase receipt.
• The fifth method: Registration may be on a trading site or a depository site, through which all portfolios and their numbers can be viewed.

See also: AlAhli Europe Equity Index Fund

When will the National Bank dividends be distributed?

The National Bank announced the eligibility date for shareholders who own shares, at the end of trading on Dhu al-Hijjah 14, 1444 AH, corresponding to July 13, 2022 AD, as well as those registered in the bank’s shareholder register with the Depository Center for Securities Company, Edaa, at the end of the second trading day following the eligibility date, and accordingly, it is the date of distribution. It will be on July 21, 2022.

• Note that the National Bank of Saudi Arabia had announced, earlier, the preliminary financial results for the period ending on March 31, 2022, and it had achieved a net profit of 4.5 billion riyals by the end of the first quarter of this year.
• The rate of increase at that time amounted to about 32% compared to the same period last year, as the bank achieved profits of more than 3.4 billion riyals.

What is the share price of Al-Ahly today?

The National Bank operates under the retail sector, as it provides banking services, which include loans and current accounts, and conform to the provisions of Islamic Sharia, both for individuals and customers of private banking services as well as the corporate sector, and expands its activities to include carrying out investments and commercial activities, the process of managing liquidity risks, as well as market risks and risks Credit, the most prominent details about the price of Al-Ahly’s night are as follows:

How much are the profits of the National Bank? The National Bank witnessed an increase in the percentage of profits compared to previous years, as a result of several variables that we clarified in this article. It also touched on the registration mechanism in the bank’s trading system.