Our Background

Founded in 1957, alrajhi bank Kingdom of Saudi Arabia is one of the largest banks in the world by market cap and the largest in the Middle East and Saudi Arabia, with total assets of SAR 710 billion, a paid-up capital of SAR 40 billion (US$ 10.66 billion) and an employee base of over 9,300+ associates. With over 60 years of experience in banking and trading activities, the various individual establishments under the alrajhi name were merged into the umbrella 'Al Rajhi Trading and Exchange Corporation' in 1978. In 1988 the bank was established as a Saudi joint stock company under the name of alrajhi Banking and Investment Corporation, which later in 2006 was named as alrajhi bank.

With an established base in Riyadh, Saudi Arabia, alrajhi bank has a vast network of

547,507

POS terminals

515

Branches

4,824

ATM's

205

Remittance centers

Founder

  • Saleh bin Abdul Aziz Al-Rajhi and Brothers Co.
  • Provision of Islamic Financial services with exchange of money.

1978

  • Saleh bin Abdul Aziz Al-Rajhi and Brothers Co.
  • Provision of Islamic Financial services with exchange of money.

1987

Al Rajhi Banking & Investment Corporation was formed as a joint stock holding company.

Current

Full fledged Islamic bank that provides wholesale, retail and commercial banking and investment services.

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