Al-Rajhi Bank opens six new branches

| Thursday, April 16, 2009
RIYADH: Al-Rajhi Bank has expanded its network by opening six new branches during the last three months.

It has developed two and moved 16 other branches to new locations in keeping with its expansion policy that aims at reaching all customers around the Kingdom, according to Saad Al-Abdali, head of the bank's branch network.

With this expansion plan, Al-Rajhi Bank says it is determined to stay ahead of Islamic banks around the world in terms of underwritten capital, and maintain the biggest bank branch network in the Arab World and Middle East.

Al-Abdali added that the bank would pursue with confidence it strategy to open more branches even under the current global economic crisis due to its track record of profits and robust financial position.

Al-Abdali said all the new branches would be model ones reflecting the future vision of the bank and its course of development.

Link:

http://www.zawya.com/story.cfm/sidZAWYA20090415032434/Al-Rajhi%20Bank%20opens%20six%20new%20branches

1 Comments:

Unknown said...

Is Al-Rajhi Bank prepare to start Takaful Insurance company in KSA? or already they have any Takaful company in GCC.

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