Bank Aljazira (BJAZ) News - Mubasher Info
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12 April 09:17 AM

Bank Aljazira (1020)

Last update: 9 April 03:16 PM market time.
11.74
-0.06
-0.51%
Open 11.74
Previous Close 11.80
High 11.74
Low 11.67
Stock Statistics
Volume 2,072,312
Turnover 24,262,361.46
All data are 15 minutes late during market session

News

The Sukuk can be redeemed after five years
20 June 2021 04:26 PM Bank Aljazira plans up to $500m USD-denominated Sukuk offering
Riyadh – Mubasher: Bank Aljazira announced that BAJ Sukuk Tier 1 Limited intends to issue USD-denominated Tier 1 capital certificates at a total amount not exceeding $500 million through a private placement. The Sukuk can be redeemed after five …
Banking and Finance
The assets of 11 Tadawul-listed lenders increased by 13.1% on an annual basis in 2020.
7 March 2021 01:50 PM Saudi banks’ assets surge to SAR 2.77trn in 2020
Riyadh – Mubasher: Assets of Saudi banks listed on the Saudi Stock Exchange (Tadawul) increased by 13.1% on an annual basis in 2020 or SAR 321.82 billion ($85.82 billion). Total assets of 11 Tadawul-listed lenders reached SAR 2.77 trillion …
Financial Results
Saudi banks listed on Tadawul logged SAR 34.73 billion in net earnings during the past year.
25 February 2021 01:11 PM Profits of Saudi banks down 23% in 2020
Riyadh – Mubasher: Net profits of banks operating in Saudi Arabia tumbled by 22.9% or SAR 10.3 billion on a year-on-year (YoY) basis in 2020. Saudi banks listed on Tadawul logged SAR 34.73 billion in net earnings during the past year, compared to …
Financial Results
The decline in the bank's annual earnings is due to higher operating expenses.
15 February 2021 04:44 PM Bank Aljazira annual profits tumble 96.6%
Riyadh – Mubasher: Bank Aljazira reported lower net earnings in 2020 by 96.6% at SAR 33.8 million, compared to SAR 991 million in 2019. This decline in profits is attributed to higher operating expenses by 75%. However, total operating income rose …
Financial Results
The settlement is expected to have a positive impact on the company's financial statements
10 January 2021 11:41 AM Saudi Amiantit settles loans worth SAR 107m with Saudi, Bahraini banks
Riyadh – Mubasher: The Saudi Arabian Amiantit Company announced the full settlement of its loans with Samba Financial Group, Bank Aljazira, Gulf International Bank, Al Baraka Islamic Bank (Bahrain), and Arab Banking Corporation (Bahrain). The …
Banking and Finance
Part of the signing ceremony today.
3 January 2021 02:13 PM King Abdullah Economic City, Bank Aljazira pen cooperation agreement
Riyadh – Mubasher: King Abdullah Economic City (KAEC) has penned on Sunday a cooperation agreement with Bank Aljazira under which the bank will provide Sharia-compliant financing solutions. The solutions will be offered to customers willing to …
Banking and Finance
Photo Archive
31 December 2020 10:33 AM Bank Aljazira authorises board to pay interim dividends for FY21
Riyadh – Mubasher: Bank Aljazira’s extraordinary general meeting (EGM) approved authorising the board of directors to distribute interim dividends on a quarterly or a semi-annually basis for fiscal year (FY) 2021. The EGM further approved …
Cash Dividends
Assets of 11 Tadawul-listed lenders stood at SAR 2.686 trillion in Q3-20.
19 November 2020 02:44 PM Saudi banks’ assets rise 14.1% in Q3
Riyadh – Mubasher: Assets of Saudi banks listed on the Saudi Stock Exchange (Tadawul) grew by 14.1% on a year-on-year (YoY) basis in the third quarter (Q3) of 2020, equivalent to SAR 331.615 billion ($88.43 billion).  Assets of 11 Tadawul-listed …
Financial Results
Net profit in Q3 amounted to SAR 181.6 million
1 November 2020 10:43 AM Bank Aljazira posts 29% decline in Q3 profit
Riyadh – Mubasher: Bank Aljazira reported a decline in net profit for the third quarter (Q3) of the year by 29.3% year-on-year (YoY) to SAR 181.6 million, as shown by the bank’s interim financial results. The bank attributed the decrease in its …
Financial Results
Photo Archive
8 October 2020 10:35 AM Moody's assigns national scale ratings to four Saudi lenders
Riyadh – Mubasher: Moody's Investors Service has assigned national scale ratings (NSRs) for the long-and-short term deposit ratings and counterparty risk ratings (CRRs) of four Saudi banks. These banks are Bank AlJazira, Riyad Bank, Samba …
Ratings
Photo Archive
7 October 2020 04:24 PM Bank AlJazira CEO resigns
Riyadh – Mubasher: Bank AlJazira’s board has accepted the resignation of Nabil Dawood Al Hoshan from his position as the bank’s managing director and CEO. The resignation shall be effective from 7 October 2020, according to a bourse statement on …
Banking and Finance
The deal will have a direct effect on the insurer’s financial statements for 2020 and 2021.
7 October 2020 09:29 AM Aljazira Takaful pens SAR 19m deal with Bank AlJazira
Riyadh – Mubasher: Aljazira Takaful Taawuni Company inked an agreement worth SAR 19.211 million with Bank AlJazira to provide protection services for the personal finance portfolio of the bank’s clients. The contract is effective for one year …
Companies Investments
This agreement will have a direct impact on the bank's financial statements
6 October 2020 04:32 PM Bank AlJazira inks SAR 22m agreement with Aljazira Takaful
Riyadh – Mubasher: Bank AlJazira has signed a SAR 21.81 million agreement with Aljazira Takaful Taawuni Company which will provide mortgage portfolio protection services for the bank's clients. The agreement will be effective for a year starting 8 …
Banking and Finance
The agreement’s financiers include Al Rajhi Bank and Arab National Bank (ANB).
29 September 2020 09:30 AM Zain KSA signs deal to reschedule SAR 3.85bn Murabaha facility
Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) signed an agreement to reschedule its existing five-year syndicated Murabaha facility valued at SAR 3.85 billion maturing on 30 September 2020 (originally SAR 5.9 billion, …
Companies Investments
Quarterly revenues increased by 3.25% year-on-year
27 July 2020 05:36 PM Bank AlJazira profits down 34% in Q2
Riyadh – Mubasher: Bank AlJazira reported a 34.15% decline in net profits during the second quarter (Q2) of 2020 to SAR 165.8 million, from SAR 251.8 million in Q2-19. Quarterly revenues increased by 3.25% year-on-year (YoY) to 794.4 billion, as …
Financial Results
Bank Aljazira owns a 30% stake in Aljazira Takaful
18 June 2020 10:43 AM Bank AlJazira hands over insurance portfolio to Aljazira Takaful
Riyadh - Mubasher: Bank AlJazira has completed the procedures to transfer its insurance portfolio to Aljazira Takaful Taawuni Company effective as of 1 January 2020. The transaction’s material impact is likely to reflect on the lender’s and the …
Companies Investments
Photo Archive
31 May 2020 01:01 PM Aljazira Takaful inks SAR 2m deal with Bank AlJazira
Riyadh – Mubasher: Aljazira Takaful Taawuni Company on Sunday has signed an insurance contract worth SAR 2.3 million with Bank AlJazira for the renewal of the collective protection plan for the banks’ employees. The plan has been renewed for …
Companies Investments
The bank achieved a profit of SAR 181.6 million in the first quarter of 2020
21 May 2020 11:02 AM Bank AlJazira Q1-20 profits down 23% on higher expenses
Riyadh – Mubasher: Bank AlJazira has reported a net profit of SAR 181.6 million during the first quarter (Q1) of 2020, posting a 22.7% decline compared with a profit of SAR 235 million for the same quarter of the year before. The bank attributed …
Financial Results
The bank will distrbute a total of SAR 246 million
4 May 2020 01:42 PM Bank AlJazira to distribute SAR 0.3/shr
Riyadh – Mubasher: Bank AlJazira announced that the distribution of SAR 246 million in cash dividends to shareholders for the second half (H2) of 2019 will begin on Tuesday 5 May 2020. Dividends will be distributed at SAR 0.30 per share, which …
Cash Dividends
Distribution will begin as of 5 May 2020
16 April 2020 01:06 PM Aljazira Bank approves SAR 0.3/shr dividends for H2-19
Riyadh – Mubasher: The general assembly meeting of Aljazira Bank on Wednesday approved the board of directors’ recommendation to distribute SAR 246 million dividends to shareholders for the second half (H2) of 2019. At SAR 0.30 per share, after …
Cash Dividends
Bank AlJazira reported SAR 991 million in annual net profit for last year
4 February 2020 10:38 AM Bank AlJazira profits up 162% in 2019
Riyadh – Mubasher: Bank AlJazira reported an increase in net profit by 161.96% last year, as shown by its annual financial results for 2019. Net profit amounted to SAR 991 million during the 12-month period that ended on 31 December 2019, compared …
Financial Results
The total value of dividends amounted to SAR 246 million
26 January 2020 04:24 PM Bank Aljazira’s board proposes SAR 0.30/shr dividends for H2-19
Riyadh – Mubasher: The board of directors of Bank Aljazira recommended a cash dividend distribution of SAR 0.30 per share for the earnings of the second half of 2019. The total value of dividends amounted to SAR 246 million, excluding applicable …
Cash Dividends
The two entities inked an MoU
21 January 2020 07:14 PM SRC buys SAR 250m mortgage portfolio from Bank Aljazira
Riyadh – Mubasher: The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Saudi Public Investment Fund (PIF), on Tuesday signed an agreement with Bank Aljazira to buy a SAR 250 million mortgage portfolio, the Saudi Press Agency …
Banking and Finance
The transfer will come into effect starting next year
24 December 2019 10:40 AM Bank Aljazira to hand over insurance portfolio to subsidiary
Riyadh – Mubasher: Bank Aljazira announced that it has received the approval of the Saudi Arabian Monetary Authority (SAMA) to transfer its insurance portfolio to Aljazira Takaful Taawuni Company. The transfer will come into effect from the …
Companies Investments
Net profits increased by 3.8% to SAR 256.9 million in Q3-19
23 October 2019 04:19 PM Bank Aljazira records SAR 257m profits in Q3
Riyadh – Mubasher: Bank Aljazira disclosed its interim financial results for the third quarter of 2019. Net profits increased by 3.8% to SAR 256.9 million in Q3-19, compared to SAR 247.4 million in Q3-18, according to a bourse filing on Wednesday. …
Banking and Finance