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Al Rajhi |
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A major name in Saudi Arabia’s banking and business world is Al Rajhi. The growth of Al Rajhi has focused on serving the needs of the nation and its citizens, contributing to the Kingdom’s construction and development, and always operating within the framework of Shariah principles. It is one of the largest joint stock companies in the Kingdom. The paid capital at Al Rajhi is SR 13,500,000,000.
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The head office of Al Rajhi is located in Riyadh and there are six Regional Offices namely Central Region Office, Western Region Office, Eastern Region Office, Qasseem and Hail Region Office, Madinah and North Region Office, Southern Region Office. Throughout the Kingdon, the bank has more than 500 branches that accounts for the largest branch network. In addition to this, it also has the largest ATM network with 1750 machines and over 13,000 POS installed with merchants all over the Kingdom.
With over 500 branches and 1600 ATMs across the Kingdom, Al Rajhi has the largest network of branches and this coupled with its most advanced IT systems, Al Rajhi is able to offer excellent business solutions to its corporate customers. There has been a long tradition of serving people at Al Rajhi. There has always been a strong customer base at Al Rajhi. The bank has focused on fulfilling the needs of the fast developing country. For its corporate customers, the bank has established the Corporate Banking Group (CBG) with a special focus on corporate and commercial sectors. The bank offers a wide range of financial and investment services which work under the framework of Shariah principles. The branches of Al Rajhi are managed by highly dedicated and professional corporate bankers, trained specially to offer personalized services to the corporate customers.
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