Al Rajhi Banking and Investment Corporation (1120.SR) SAU

93.65

-1.2(-1.27%)

Updated at September 07 03:19PM

Currency In SAR

Al Rajhi Banking and Investment Corporation

Address

Al Rajhi Bank

Riyadh, Riyadh Province 12263-2743

Saudi Arabia

Phone

966 92000 3344

Sector

Financial Services

Industry

Banks - Regional

Employees

23437

First IPO Date

March 03, 2010

Key Executives

NameTitlePayYear Born
Mr. Waleed Bin Abdullah Ali Al-Mogbel CPAChief Executive Officer, MD & Executive Director435,0001976
Dhary Mohali Al-ShammryChief Internal Auditor0N/A
Mr. Turki Mohammed Al-DhfayanChief Strategic Projects0N/A
Mr. Ahmed Saleh Al SudaisChief Human Resources Officer0N/A
Abdullah Ali Al-FuraijiChief Digital Officer0N/A
Mr. Abdulrahman Abdullah Abdulrahman Al-FaddaChief Financial Officer & Acting Chief Risk Officer0N/A
Mr. Abdullah Saleh AlomariChief Operating Officer0N/A
Thamer Abdullah AlhumudChief Governance & Legal Officer0N/A
Hamad Ibrahim Al-WashmiChief Compliance Officer0N/A
Abdullah Saad AljabrChief Marketing & Customer Experience Officer0N/A

Description

Al Rajhi Banking and Investment Corporation, together with its subsidiaries, provides banking and investment services in the Kingdom of Saudi Arabia and internationally. The company operates through four segments: Retail, Corporate, Treasury, and Investment Services and Brokerage. It offers current, future, affluent, private, ladies, business, and escrow accounts; personal, auto, home, car, real estate, fleet, payroll, POS merchant, contract, invoice, and working capital finance services; credit and debit cards; and personal accident, medical, staff guarantee, marine cargo, engineering, machine breakdown, property, vehicle, and professional responsibility insurance products. The company also provides documentary collection, letters of credit, letters of guarantee, supply chain finance, and e-trade and automated trade notifications services; and cash management services. In addition, it offers Ijara Mawsufha Fi Al Dhimmah, which is used to finance large project finance transactions. Further, the company provides treasury products, including direct investment, banknotes, foreign exchange, and gold trading. Additionally, it offers real estate and engineering consulting services; recruitment services; micro consumer financing, finance lease, and small and medium business financing services; and technical work in financial services, digital payment systems, financial settlements, and related services. In addition, it offers phone and online banking and digital services. It operates through a network of 521 branches and 4,891 ATMs. The company was founded in 1957 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.