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عربي

Al Rajhi Bank

   (1120.SSE)
Also known as: Rajhi Bank
Last Trade
73.50SAR
- 0.34%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Feb 25, 2011
 
 
 
Country

Saudi Arabia

Ownership Type
Company Type
Joint Stock
 
 
 
 
Formerly Known As 
Al Rajhi Banking and Investment Corporation until February 2006
Principal Activities
Provides commercial banking services including deposits, loans and credit cards; investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting; asset management services including fund, portfolio and wealth management; brokerage services, all according to Islamic principles.
 
Date of Establishment Year
1978 (June)
 
No of Employees
9,578 (N/A Company, 9,578 Group, N/A Headquarters) (As of Feb 25, 2011) view history hide history
Date No of Emp    (group)  Yearly Growth
31-Dec-2008
8,299
+4%
17-Dec-2008
7,965
 
 
No of ATMs
2750
 
Branches
Saudi Arabia (575) Jordan (2)  
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Saudi SE  1120 1120.SSE Ordinary SAR
 
 
Contact Details
Address:
Aakaria 3rd Building
7th Floor
Olaya Street
P.O. Box 28
Riyadh  11411
Saudi Arabia
 
Tel:
+966 1-211-6000
 
Fax:
+966 1-460-3351
 
Email:
contactus@alrajhibank.com.sa
 
Website:
www.alrajhibank.com.sa
 
Related Links:
www.alrajhibank.com.my
www.alrajhibank.com.kw
www.alrajhidevelopment.com

 
 
 M&A Details
 
Acquistion
 
Status
Rumored
 
Acquirer
 
Target
 
Announcement Date
15 Nov 2011
 
Closing Date
15 Nov 2011
 
 
 Major Shareholders  Section Updated: 12Sep11
Name   Type  Country  Holding 
Suleiman Bin Abdulaziz Saleh Al Rajhi  Private Saudi Arabia 19.90% 
Saleh Bin Abdulaziz Saleh Al Rajhi  Private Saudi Arabia 15.10% 
General Organization for Social Insurance - Saudi Arabia  Government Saudi Arabia 9.90% 
Abdullah Bin Abdulaziz Saleh Al Rajhi  Private Saudi Arabia 5.90% 
Public   - 49.20% 
 Note: Al Jabr Trading Company's shareholding is part of the public stake.
 
 
 Foreign Ownership Limits
Section Updated: 29Dec09
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Al Rajhi Bank (Jordan) Saudi Arabia 100.00%
Al Rajhi Bank (Kuwait) Saudi Arabia 100.00%
Al Rajhi Bank (Malaysia) Saudi Arabia 100.00%
Al Rajhi Company for Development Saudi Arabia 100.00%
Al Rajhi Capital Saudi Arabia 99.00%
Al Rajhi Wakala Takaful Company Saudi Arabia 99.00%
Al Rajhi Company for Cooperative Insurance Saudi Arabia 22.50%
 
 
 Representatives
Auditors
PricewaterhouseCoopers Saudi Arabia Ernst and Young Riyadh
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  SAR'000 SAR'000 change (%)
Total revenues  28,288,230 11,661,132 (58.78)
Net profit  6,767,228 6,770,829 0.05
Total assets 170,729,729 184,840,910 8.27
Paid-up capital 15,000,000 15,000,000 0.00
Shareholders' Equity 28,740,884 30,317,789 5.49
Shares outstanding 1,500,000 1,500,000 0.00
Market capitalization 106,875,000 124,500,000 16.49
» View Full Financials
 
 
 
 
 
 
 

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