REGULATIONS FOR CONSUMER FINANCING

REGULATIONS FOR CONSUMER FINANCING

02 October 2014

The updated consumer finance regulations have been implemented through past Tuesday 16th September for disclosure and transparency purposes which aims to replacing traditional rates with Annual percentage ratio
Al Rajhi Bank sponsors the 3rd Career Day at Al Imam University

Al Rajhi Bank sponsors the 3rd Career Day at Al Imam University

17 April 2014

For the third consecutive year, Al Rajhi bank sponsored the third “Career and Recruitment Day” This event was organized by the center of employment and entrepreneurship services and hosted by the Imam Mohammed Bin Saud Islamic University.
With a 10% increase, Al Rajhi Bank Achieves SR 1.7 billion for the

With a 10% increase, Al Rajhi Bank Achieves SR 1.7 billion for the

17 April 2014

Mr. Suliman Bin Abdulaziz Azzabin, CEO of Al Rajhi Bank announced the financial results for the first quarter of 2014 which had recorded a net profit of SR 1.7 billion, a 10% increase from the previous quarter.
Al Rajhi Bank Reports SAR 7,438 Million Profits of 2013

Al Rajhi Bank Reports SAR 7,438 Million Profits of 2013

20 January 2014

Mr. Suliman bin Abdulaziz Azzabin, CEO of Al Rajhi Bank, announced the bank had made a net profit amounting to 7,438 million riyals during the year 2013.
Al Rajhi Bank net profit rises to SR 2.123m in Q2 of this year

Al Rajhi Bank net profit rises to SR 2.123m in Q2 of this year

17 July 2013

Mr. Suliman Al Zaben, C.E.O of Al Rajhi Bank announced that the bank has made SR 2.123m net profit in Q2 of this year, compared with SR2.052m in the same period the quarter earlier with a 3.5 percent rise.
Real Estate Financing without salary transfer:

Real Estate Financing without salary transfer:

18 March 2013

Al Rajhi Bank is participating in the 11h Jeddah Real Estate,Finance & Housing Exhibition...
Al Rajhi named Best Islamic Bank in the Middle East by Euromoney

Al Rajhi named Best Islamic Bank in the Middle East by Euromoney

16 March 2013

Al Rajhi has been named “Best Islamic Bank in the Middle East” by pre-eminent international finance magazine Euromoney.
Al Rajhi Bank appoints Ahmad Al Khub as the new CEO of Jordan Branches

Al Rajhi Bank appoints Ahmad Al Khub as the new CEO of Jordan Branches

13 March 2013

Al Rajhi Bank announced the appointment of Mr. Ahmad Al Khub as the CEO of the branches of the bank in Jordan. Mr. Al Khub has an extensive experience in banking which exceeds 3 decades
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