Al Rajhi Bank Financial Institutions


Founded in 1957, Al Rajhi Bank (“Al Rajhi” or “ARB”) is one of the largest Islamic banks globally. With assets of USD 58,883 million plus, equity of over USD 8 billion and a team of 7,500 employees, Al Rajhi is one of the leading and most progressive banks in the Kingdom of Saudi Arabia (“KSA”).

With over 50 years of experience in banking and trading activities, the various individual establishments under the Al Rajhi name were merged into the umbrella Al Rajhi Trading Exchange Corporation in 1978, and it was in 1988 that the Bank was established as a Saudi shareholding company.

The Bank operates in multiple segments and continues to grow through the diversification of income resources and the development of the investment and corporate banking sectors, which where built on a strong retail base. Al Rajhi has been one of the most profitable GCC banking entities for the last few years, with the profits of 2010 exceeding SR 7,378 million throughout.

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