Al Rajhi Banking and Investment Corporation, together with its subsidiaries, provides banking and investment services in the Kingdom of Saudi Arabia and internationally. The company operates through four segments: Retail; Corporate; Treasury; and Investment Services, Brokerage, and Other. It offers current, family, investment, savings, future, and business accounts; personal, auto, motor bikes, home, car, real estate, fleet, payroll, POS finance, contract, invoice, and working capital finance services; credit and debit cards; and employee fidelity, marine, engineering, machine breakdown, medical, property, liability, and cash in transit insurance products. The company also provides documentary collection, letters of credit, letters of guarantee, and supply chain finance services; and cash management services. In addition, it offers real estate and engineering consulting services; recruitment services; micro consumer financing, finance lease, and small and medium business financing services; and technical work in financial services, digital payment systems, financial settlements, and related services. Further, the company offers phone and online banking and digital services. Additionally, it is involved in investment in mutual funds, local and international share trading services, and other investment activities. It operates through a network of multiple branches and ATMs. Al Rajhi Banking and Investment Corporation was founded in 1957 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Saudi Arabian Market Performance
7D7 Days: 0.2%
3M3 Months: -2.9%
1Y1 Year: -10.8%
YTDYear to Date: -12.1%
The market has been flat over the last week. The past year hasn't been profitable, with the market dropping 11%. Looking forward, earnings are forecast to grow by 7.0% annually. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.