alrajhi bank in the news

Al Rajhi Bank raised a $1.92 billion sustainability-linked Islamic syndicated loan, the largest in the Middle East this year, involving major creditors for general use.

Al Rajhi Bank focuses on empowering social security beneficiaries and Saudization by providing employment and training opportunities, with a workforce largely composed of Saudi nationals.

Asas Makeen obtained a SAR 45.1 million Murabaha loan from Al Rajhi Bank to finance land purchase for development, secured by mortgage and personal guarantees.

MoneyGram and Tahweel Alrajhi expanded their partnership to increase international money transfer receive points across Saudi Arabia, improving access to remittances.

NDF secured SAR 5 billion credit facilities from Al Rajhi Bank and ANB to support development projects and economic growth aligned with Vision 2030.

Emkan Finance, Al Rajhi Bank's microcredit unit, is preparing for a Saudi IPO to expand its Sharia-compliant fintech and BNPL services.

Al Rajhi Bank anticipates a single interest rate cut in late 2025 affecting credit demand.

Jabal Omar Development refinanced SAR 2 billion with Al Rajhi Bank to improve repayment terms and cash flow.

Pakistan partnered with Saudi Al-Rajhi company to enhance Hajj facilities and services for nearly 89,000 government-sponsored pilgrims this year.

Saudi banks comply with SAMA's Basel III liquidity standards, with Al Rajhi Bank showing strong liquidity metrics but maintaining an LDR below 90%.

Al Rajhi Bank is upgrading its core banking system with Temenos to accelerate digital innovation, maintain market leadership, and support Sharia-compliant expansion amid rising digital competition.

Al Rajhi Bank and PSME have partnered to simplify financing for luxury car ownership in Saudi Arabia.

Saudi Azm renewed 75 million riyals credit facilities with Alrajhi Bank for its communication and IT business.

Al Rajhi Bank is implementing ServiceNow's AI platform with ejada Systems to digitally transform and automate its operations across HR, IT, and financial services in line with Saudi Arabia's Vision 2030.

SRC acquired SAR 10 billion in mortgage portfolios from Al Rajhi Bank using the OTD model to boost liquidity and homeownership in Saudi Arabia.

Al Rajhi Bank is partnering with ServiceNow and ejada Systems to implement an AI-driven platform for automating workflows and enhancing efficiency across its operations, supporting Saudi Arabia's Vision 2030.

Detailed instructions for registering and logging into Al Rajhi Bank's individual online banking and mobile app services in Saudi Arabia.

Al Rajhi Capital, an investment banking subsidiary of Al Rajhi Bank, joined ISLA and leads in Saudi market share while supporting Vision 2030.

Al Rajhi Bank's Q3 2025 earnings showed strong income and asset growth, improved profitability, and strategic focus on digital transformation and value-driven lending.

Alrajhi Bank appointed Jummar as its communications and PR partner in Saudi Arabia after a competitive tender.