Please explain the major trends from the attached pictures.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question

Please explain the major trends from the attached pictures. 

The details of the Bank's subsidiaries and associate are as follows:
Ownership
(direct and
indirect)
December 31,
Ownership
(direct and
indirect)
December 31,
Country of
incorporation
Nature of business
2020
2019
Subsidiaries
Aljazira Capital Company
Kingdom of
100%
Brokerage, margin financing
and asset management
100%
Saudi Arabia
Aman Development and Real Estate Kingdom of
Investment Company
Holding and managing real
estate collaterals on behalf of
100%
100%
Saudi Arabia
the Bank
Kingdom
Saudi Arabia
Aman Insurance Agency Company
Acting as an agent for
bancassurance activities on
100%
100%
behalf of the Bank
Cayman Islands Carry out Shari'ah compliant
derivative and capital market
Aljazira Securities Limited
100%
100%
transactions
Associate
Aljazira Takaful Ta'awuni Company
Kingdom of
Saudi Arabia
Fully Shari'ah compliant
protection and saving
products
35%
35%
Transcribed Image Text:The details of the Bank's subsidiaries and associate are as follows: Ownership (direct and indirect) December 31, Ownership (direct and indirect) December 31, Country of incorporation Nature of business 2020 2019 Subsidiaries Aljazira Capital Company Kingdom of 100% Brokerage, margin financing and asset management 100% Saudi Arabia Aman Development and Real Estate Kingdom of Investment Company Holding and managing real estate collaterals on behalf of 100% 100% Saudi Arabia the Bank Kingdom Saudi Arabia Aman Insurance Agency Company Acting as an agent for bancassurance activities on 100% 100% behalf of the Bank Cayman Islands Carry out Shari'ah compliant derivative and capital market Aljazira Securities Limited 100% 100% transactions Associate Aljazira Takaful Ta'awuni Company Kingdom of Saudi Arabia Fully Shari'ah compliant protection and saving products 35% 35%
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Introduction to Data analytics for accounting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education