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Market: Tadawul Symbol: 1120 ISIN: SA0007879113 Industry: Banks

Founded in 1957, Al Rajhi Bank is one of the largest banks in the world with total assets of SR 384 billion (US$ 102 billion), a paid up capital of SR 25 billion (US$ 6.67 billion) and an employee base of over 9,600+ associates. With over 60 years of experience in banking and trading activities, the various individual establishments under the Al Rajhi name were merged into the umbrella 'Al Rajhi trading and exchange corporation' in 1978 and it was in 1988 that the bank was established as a Saudi share holding company. Deeply rooted in Islamic banking principles, the Sharia compliant banking group is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development.
With an established base in Riyadh, Saudi Arabia, Al Rajhi Bank has a vast network of over 546 branches, over 142 dedicated ladies branches, more than 5,190 ATM's, 106,080 POS terminals installed with merchants and the largest customer base of any bank in the Kingdom, in addition to 232 remittance centers across the kingdom. The first men's branch was opened in Aldirah in 1957, with the first ladies branch being opened in AlShmaisi in 1979.

Share data 10/05/2021
Currency SAR Volume 3,114,862
Previous Close 99.70 Number of Shares mn 1,500.00
Change (%) 0.50 Market Cap mn 149,550.00
Key Figures (SAR millions) 2018 2019 2020
Income Statement      
Total operating income 17,320 19,484 20,721
Net income for the year 3,768 10,159 10,596
Basic and diluted earnings per share (SAR) 1.51 4.06 4.24
Balance Sheet      
Total assets 364,031 384,087 468,825
Total shareholders’ equity 48,306 51,192 58,119
Total liabilities 315,725 332,895 410,706
Cash Flow      
Net cash from operating activities 14,370 4,187 24,420
Net cash (used in) / from investing activities (8,282) (5,186) (8,912)
Net cash from / (used in) financing activities (7,524) (7,676) (3,792)
Cash and cash equivalents at the end of the year 29,787 21,111 32,827
Capital Adequacy Ratio      
Tier I ratio (%) 18.98 18.80 17.99
Tier I and II ratio (%) 20.07 19.87 19.08