Maine Finance

Nov 13 2017

Al Rajhi Bank, Riyadh, Saudi Arabia #bank #profile, #directory, #company, #head #office, #address, #phone, #key


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Al Rajhi Bank

Al Rajhi Bank (formerly Al Rajhi Banking and Investment Corporation), is one of the largest Islamic banks in the world. The Bank is one of the largest joint stock companies in the Kingdom. Al-Rajhi Bank s shareholding pattern show that the four sons of Abdul Aziz Al Rajhi (Saleh, Sulaiman, Abdullah and Mohammed) and their heirs remain the corporation s primary equity holders.

Al Rajhi Bank operates in multiple segments and continues to grow through diversification of income resources and development of the investment and corporate banking sectors which build on the strong retail banking base. The Bank owns the largest network of branches in the Kingdom, the largest ATM network and POS distributed to merchants in more than 25,000 locations. Al Rajhi Bank has three international offices located in Malaysia, Kuwait and Jordan.

Total assets: SR 340 billion (as of December 31, 2016).
Net profit: SR 6,836 million (2014), SR 7,130 million (2015), SR 8,126 million (2016).

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ID: 24. Updated: 04.05.2017

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