07 April 2009

A Striking Pavilion that awaits Visitors with Many Surprises
Al Rajhi Bank  presents financing and investment opportunities at Riyadh real estate & development exhibition

Al Rajhi Bank is taking part in the Riyadh Real Estate and Development Exhibition that is being held at the Riyadh International Exhibitions Center under the Patronage of HRH Prince Miteb bin Abdulaziz, Minister of Municipal and Rural Affairs.  The Bank is presenting comprehensive real estate financing solutions and packages that offer unique features.

Ibrahim Al Malik, Director of Public Relations & Communications Department explained that the Bank is very well position and represented in the event as one of the most important and largest real estate financing institutions in the Kingdom.  The Bank has a large and uniquely designed pavilion to receive a wide range of customers who are interested in the Bank’s products and services.  This pavilion is providing a unique educational opportunity on the Bank’s financing, investment, and ownership schemes that are full of surprises.
Al Malik also explained that the Bank’s participation in this very important real estate event comes in line with the Bank’s strategy to take a leading role in the development of the real estate sector in the Kingdom and fulfill its role to provide real estate financing solutions to customers.  This step also complements the Bank’s marketing strategy in being present at key specialized exhibitions to present its integrated and unique products and services.

Al Malik added, “This exhibition provides a key opportunity for us to present our financing and investment products for the real estate sector which is of growing interest to customers which range from investment to home ownership.”
Al Malik continued, “The Real Estate Financing Program from Al Rajhi provides an opportunity for individuals to own the right property by receiving financing that meets their requirements in a very convenient and quick manner and with unique feature.”  Al Malik stressed that the program is one of many steps that the Bank adopts in making its customers a central focal point while providing high-end services to meet their financing needs in a very easy and unique way for them to lead a better life.
Al Malik noted that the Bank is providing a total solution concept for the various real estate ownership programs that provides customers with an opportunity to own their own property based on their means and according to a series requirements that provide a win-win situation for everyone.  He indicated that The Bank offers long-term financing up to 25 years and with the opportunity to participate with other family members add to that the very convenient monthly installments that match the monthly income even if it is a low one.  This program also provides the opportunity to purchase residential, commercial, or investment properties based on the customer’s needs.

The Public Relations and Communications Directors hinted that the Bank is providing special Islamic financing offers during the exhibition which meet the needs of the customers such as Murabaha, Musharaka, Istisnaa, and Eirad.
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