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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.
Al Rajhi Bank Tower (Arabic: برج الراجحي), also known as Al Rajhi Bank Headquarters, [3] is a 205-meter (673 ft) tall commercial skyscraper located in the al-Muruj neighborhood of Riyadh, Saudi Arabia. The tower serves as the headquarters for Al Rajhi Bank.
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Bank name (English) Bank name (Arabic) Headquarters Founded Stock code [3]; Saudi National Bank (SNB) البنك الأهلي السعودي: Riyadh: 1953
Retrieved from "https://en.wikipedia.org/w/index.php?title=Al_Rajhi_Banking_and_Investment_Corporation&oldid=1253673089"
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 ...
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.