Al Bilad Bank was formed from the merger of several exchange houses. The eight principal shareholders operate around 200 foreign exchange houses but only the top 40 will be retained and re-branded. The company underwent an IPO for 50% of capital or 30 mn shares on 27/11/2004.

Al Subeaei Group (21%), Heirs of Abdulaziz Sulaiman Al Mugairin (8.75%), Al Rajhi Commercial Foreign Exchange (7%), Al Rajhi Trading Establishment (6.5%).

Individuals	N/A
Institutions	50%
Floating	N/A
Government	N/A

	2005
Total Assets	7,110,053
Shareholder's Equity	2,899,323
NIAT	-98,092
Dividends	N/A

	2005
Assets Growth	N/A
Earning Growth	0.00%
ROaA	-2.76%
ROaE	-6.77%
No. Of Shares	60,000,000
EPS	-1.63
EPS Growth	0.00%
Payout Ratio	N/A

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

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