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Alrajhi Bank was founded in 1957, and is one of the largest banks in Saudi Arabia, with over 9,600 employees and $88 billion in assets. The bank is headquartered in Riyadh, and has over 600 branches, primarily in Saudi Arabia, but also in Kuwait, and Jordan, with a subsidiary in Malaysia.
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Opening a bank account online saves time and eliminates the hassle of visiting a local bank branch to set up an account. Plus, you aren't limited to banks with a physical presence in your area ...
Despite the trend in the Saudi Arabian banking market to convert to full-fledged Islamic Banks, only four among the 12 local licensed banks are considered to be pure Islamic [1] banks:
Bank name (English) Bank name (Arabic) Headquarters Founded Stock code [3]; Saudi National Bank (SNB) البنك الأهلي السعودي: Riyadh: 1953
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Al Rajhi Bank Tower (Arabic: برج الراجحي) is a 205-meter (673 ft) tall commercial skyscraper located in the al-Muruj neighborhood of Riyadh, Saudi Arabia.The project was launched in 2006 and was completed in 2017. [1]