Al Rajhi Bank doubles the cash dividend for the first half by 100%

12 July 2017

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Al Rajhi Bank announces that the Board of Directors has approved the recommendation regarding allocating the cash dividend of SAR2438 million to the bank shareholders for the first half of the current 2017 financial year. According to this, the cash dividend per share SAR1.5 represents 15% of the percent capital of the share, in comparison with the distribution of SAR1219 million for the first half of last year (75 Halala per share), and with an increase of 100%.

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The right to receive the profits is for shareholders who have registered at Tadawul by the end of dealing on 18/7/2017, and payment date will be announced later.

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This achievement comes as a realization of the shareholders' hopeful anticipation and as an emphasis of the strong financial position of the bank, which keeps growing, and reflects the strength and robustness of Saudi banking sector. Furthermore, it translates the successes which the bank achieves in serving its clients and providing them with the best services and the latest technologies.

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Al Rajhi Bank continues to provide high quality services to its customers through a network of branches, covering all corners of the Kingdom and considered the largest in the region, and the largest network of automated teller machines in the Kingdom. The bank also maintains its lead in the number of POS in the Kingdom in addition to having the pioneering role in founding other electronic channels online and on smart phones and automated branches in the Kingdom.

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