Industry
Banking
Size
10001+
Location
Riyadh, Riyadh, Saudi Arabia
Founded
1957
Social

About alrajhi bank

Founded in 1957 and headquartered in Riyadh, Al Rajhi Bank is a Saudi banking group built on Islamic banking principles. In 1978, earlier Al Rajhi entities were merged under Al Rajhi Trading and Exchange Corporation, and the bank was established as a Saudi shareholding company in 1988.

Across Saudi Arabia, the bank serves customers through a wide branch and payments network. That network includes more than 570 branches, over 152 dedicated ladies branches, more than 5,190 ATMs, 106,000 POS terminals with merchants, and 232 remittance centers across the kingdom, and it also has the largest customer base of any bank in the Kingdom.

Al Rajhi Bank reports total assets of SR 384 billion (US$ 102 billion), paid-up capital of SR 25 billion (US$ 6.66 billion), and an employee base of over 9,600 associates. For more than 58 years, the company has been in banking and trading activities.

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Insights

Updated 24 Aug 2026

Alrajhi bank appears to be operating from a position of scale and momentum in its core market. Management framed first-half 2026 performance as evidence of the strength of its “Harmonize the Group Strategy.” The bank reported net income of SAR 13,764 million for the first half of 2026, and the release highlights 14% growth.

The strategic message in the source is clear. Rather than pointing to a single product or one geography, the bank is emphasizing group-level alignment and coordinated execution, while the wording around “Harmonize the Group Strategy” points to integrated operations and continued expansion from its existing franchise.

For investors and the broader market, the reported profit growth is the strongest positive signal in the material provided. No hiring, funding, or consumer-sentiment data were included in the source provided.

Sources

Frequently asked questions

What is the address of alrajhi bank?

alrajhi bank is headquartered in Riyadh, Riyadh, Saudi Arabia.

How many employees does alrajhi bank have?

alrajhi bank has 10001+ employees according to its company profile.

What is the valuation of alrajhi bank?

alrajhi bank operates in the Banking sector. Public valuation figures are not always disclosed for private companies.