BSF announces its 2030 Strategy, targeting >15% ROE

16/Feb/2026

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Riyadh, 16 February 2026 – BSF today unveiled its Strategy 2030, building on the successful delivery of its previous strategy and setting out a clear roadmap to become a “Better, Stronger and Faster” bank.
CEO Bader Alsalloom commented: “During our previous strategic cycle, BSF delivered solid progress across the business. We are now entering the next phase of our journey, with a clear objective to build a ‘Better, Stronger, Faster’ bank for all our stakeholders. For our customers, this means putting their needs at the center of everything we do. Over the next five years, we aim to deliver sustainable growth, targeting a return on equity above 15% through customer-centric initiatives, technology-driven optimisation and operational discipline.”
Ramzy Darwish, Chief Strategy and Financial Officer said: “Building on the foundations established over the past five years, our focus is now on the priorities that will drive earnings growth to 2030. These include strengthening cross‑sell and fee generation by meeting a wider range of customer needs across our businesses, and accelerating digitization and the use of AI to improve efficiency and scalability. Together, these initiatives are expected to support faster‑than‑market growth and increase BSF’s net income market share from 6% to 8-10%.”
BSF plans to achieve these ambitious goals through three key priorities

Build on its leadership in Corporate Banking while driving ROE uplift through an increased focus on Retail Banking, Treasury, and BSF Capital
A stronger emphasis on cross-selling across the bank’s segments to expand fee generation and rebalance the bank’s revenue mix
Maintain discipline on cost management to elevate operational efficiency

The strategy is underpinned by a disciplined capital allocation framework. BSF will prioritize growth in high-return business lines while maintaining a conservative yet efficient approach to regulatory capital. For dividend, the aim is to maintain a stable dividend pay-out ratio, subject to capital capacity and regulatory approvals, combined with targeted net income growth, translating to a progressive dividend policy.

Strategic Ambitions 2030

KPI		2025	2030 Ambition
Better	Net income market share	~6%	8-10%
Stronger	Return on equity (%)	~12%	>15%
Stronger	Commercial: Consumer loans	80:20	75:25
Faster	% of STP processes	<20%	>75%
Faster	AI and analytics use cases	<5	50+

BSF will present a comprehensive overview of its 2030 strategy to the market today during a Strategy Day event, led by Bader Alsalloom, Chief Executive Officer, and Ramzy Darwish, Chief Strategy and Finance Officer.
“The purpose of our Strategy Day is to introduce the market to BSF’s growth plans for the next five years,” said CEO Bader Alsalloom. “While ambitious, we believe these targets are achievable. They are supported by our strong positions across Wholesale, Retail, Treasury and Capital Markets, our increasing use of technology, and the depth of our management team. Together, these factors underpin our objective to build a Better, Stronger, Faster bank.”