Q1 2022 Banque Saudi Fransi SJSC Earnings Call Transcript
This is Ryan, Head of IR at BSF, and I'd like to welcome all of you to our Q122 earnings call. With us on the call today are Mr. Rayan Fayez, our MD and CEO, and Mr. Sander Aardoom, Deputy CFO. We will follow our usual format, with Mr. Fayez giving us a high-level intro and Mr. Aardoom taking us through the nitty-gritty. Rayan, the floor is yours.
Thank you, Ryan, and thank you, everyone, for being with us here today. I will go over the key highlights of the first-quarter results. Sander will go through the details, and then we'll open it up for Q&A, to the extent you have any questions on the results themselves or the overall operating environment.
If we go to page number 3 and to address the balance sheet first, we've had a high-quality loan growth of 14% in the first quarter, driven by 14% growth in commercial corporate loans and 15% in consumer lending growth, reaching to BRL152.7 billion at the end of the first quarter. Our investments have also grown
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