Al-Rajhi Bank
The Al Rajhi Bank (Arabic: مصرف الراجحي) (previously known as Al Rajhi Banking and Investment Corporation) is a Saudi Arabian bank and the world's largest Islamic bank by capital based on 2015 data.
Native name | مصرف الراجحي |
|---|---|
| Company type | Public (Tadawul: 1120) |
| ISIN | SA0007879113 |
| Industry | Banking, financial services |
| Founded | 1957 |
| Headquarters | Riyadh, Saudi Arabia |
Number of locations | 600+ Branches 4,700+ ATMs 73,000+ POS |
Area served | Saudi Arabia Kuwait Jordan Malaysia Syria |
Key people | |
| Products | Financial services |
| Revenue | SR 6.35 billion (Q2 2018) |
| SR 8.43 billion (Q2 2018) | |
Net income | SR 4.95 billion (Q2 2018) |
| Total assets | SR 348.44 billion (2018) (Q2 2018) |
| Total equity | SR 52.79 billion (Q2 2018) |
Number of employees | 13,077 (2018) |
| Divisions | Tahweel Al Rajhi |
| Subsidiaries | Al Rajhi Capital Al Rajhi Bank Business Al Rajhi Takaful Al Rajhi Development Company Al Rajhi for Administrative Services Company urpay neoleap Emkan |
| Rating | A1 (Moody's) |
| Website | www.alrajhibank.com.sa |
The bank is a major investor in Saudi Arabia's business and is one of the largest joint stock companies in the Kingdom, with over SR 330.5 billion in AUM ($88 billion) and over 600 branches. Its head office is located in Riyadh, with six regional offices. Al Rajhi Bank also has branches in Kuwait and Jordan, and a subsidiary in Malaysia and Syria.
Al Rajhi Bank has market capitalization of SR 302.80 billion.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.