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Al Rajhi Bank
OLAIA ST., P.O.Box 28 , Riyadh , , 11411 , Saudi Arabia
Phone: 966-1-2795857
Industry: Banks
Employees: 10,054
SIC: Commercial Banks (6020)
NAICS: Commercial Banking (522110)
Description: Al Rajhi Banking and Investment Corp. (Al Rajhi Bank) is a Saudi Arabia-based joint stock company engaged in the provision of banking and investment services in accordance to the Islamic Sharia principles. The Bank is active in four business segments: The Retail segment includes individual customer deposits, credit facilities, customer debit current accounts (overdrafts), fees from banking services and remittance business; The Corporate segment covers corporate customer deposits, credit facilities and debit current accounts (overdrafts); The Treasury segment includes treasury services, murabah with the Saudi Arabian Monetary Agency (SAMA), and foreign mutajara portfolio, and the Investment services and brokerage segment covers investments of individuals and corporate in investment funds, local and international share trading services and investment portfolios. The Bank operates through a network of 513 branches.
2013-05-04 15:33:03