Last Thursday, Al Rajhi Bank was awarded first place in the Kingdom for the Best Investor Relations Program Award of the year 2020, which the bank won within the Saudi Stock Market Awards.
Mr. Abdul Rahman Al Fadda, Chief Financial Officer at Al Rajhi Bank, who received the award, said that the bank was keen to continue communicating with investors by implementing innovative ideas in a practical way to serve the bank’s strategic objectives. Along with the bank's consistent approach to deal with everything with absolute transparency.
It is was mentioned that the Saudi Capital Market announced the winners of its awards in its first session last March. It took place through a virtual ceremony sponsored by the Capital Market Authority and with the participation of the Middle East Investor Relations Association and The Saudi Association of Financial Analysts.
After announcing the victory, Al Rajhi Bank affirmed its commitment to participate in achieving the Kingdom's 2030 vision by contributing to the development of a diversified and effective financial sector. The bank seeks to support the national economic development and diversify its sources of income and stimulate savings, financing, and investment.
All of that will be accomplished through the development and deepening of the financial sector institutions and the development of the Saudi financial market to form an advanced financial market in a manner that does not conflict with the strategic objectives to maintain the stability and strength of the financial sector