Al Rajhi Bank is a financial institution to be reckoned with, due to the following:
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As of December 31, 2010, Al Rajhi Bank has assets totaling US$ 49,287 million (RM 156,092 million) and a net income of US$ 1,805 million (RM 5,718 million) |
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Al Rajhi Bank commands a total equity of US$ 8,084 million (RM 25,602 million) and a market capitalization of US$28 billion (RM 90 billion) as of 31 Dec, 2010 |
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Al Rajhi Bank has the highest profitability among banks in Saudi, standing at US$ 1,805 million (RM 5,718 million) and offers the best ROE and ROA in the world at 23% and 4% respectively. |
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Financial strength is rated as A+ by S&P as of 31st May 2010 |
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