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Alrajhi Bank was founded in 1957, and is one of the largest banks in Saudi Arabia, with over 9,600 employees and $88 billion in assets. The bank is headquartered in Riyadh, and has over 600 branches, primarily in Saudi Arabia, but also in Kuwait, and Jordan, with a subsidiary in Malaysia.
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Al-Rajhi Bank: مصرف الراجحي: Riyadh: 1957: 1120 Arab National Bank (ANB) البنك العربي الوطني: Riyadh: 1979: 1080 Bank AlBilad: بنك البلاد: Riyadh: 2004: 1140 Bank Aljazira: بنك الجزيرة: Jeddah: 1975: 1020 Gulf International Bank: بنك الخليج الدولي: Khobar: 2017
Al-Rajhi Bank Saudi Arabia; Al Jazeera Bank; Al-Bilad Bank; Alinma Bank; According to scholar of international finance, Ibrahim Warde, the two largest Islamic banking groups, Dar al-Maal al-Islami and al-Baraka Bank, have not been able to obtain licenses to operate commercial banks in Saudi Arabia, despite the fact that they are both owned by ...
What is important when it comes to e-banking is the trust in banks, usability of the platforms and the overall marketing for e-banking from banks. Moreover, it's also important to constantly update the e-banking services. One successful example regarding the above-mentioned characteristics in Macedonia is “Stopanska Banka” AD Skopje.
In the 1990s Al-Rajhi turned over the reins of the heading the Al Rajhi Bank to focus on real estate and agriculture. His ventures in these two sectors eventually became some of the most successful in KSA. Aside from these, Al Rajhi held stakes in another financial of import Al Baraka Banking Group and shares in cement and construction ventures.
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The Al Rajhi family is considered, by most in Saudi Arabia, as the country's wealthiest non-royals, and among the world's leading philanthropists. He established the Sulaiman Al Rajhi University in his hometown, a non profit university. The university's main focus is on health and Islamic banking, but contains other faculties as well.