Al Rajhi Bank (ALRAJHI) News - Mubasher Info
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24 June 03:55 PM

Al Rajhi Bank (1113)

Last update: 02:59 PM market time.
101.85
0.00
0.00%
Open 101.85
Previous Close 101.85
High 102.10
Low 101.71
Stock Statistics
Volume 8,451,000
Turnover 8,604,430.53
All data are 15 minutes late during market session

News

Photo Archive
11 February 2020 10:48 AM Al Rajhi profits grow 170% in 2019
Riyadh – Mubasher: Al Rajhi Bank achieved a 169.6% surge in net profit last year to SAR 10.16 billion, from SAR 3.78 billion in 2018, as shown by its annual financial results for 2019. The rise in profits was attributed to total operating income …
Financial Results
Dividends will be distributed at SAR 0.21 per unit
9 February 2020 11:02 AM Al Rajhi REIT to distribute SAR 34m cash dividends
Riyadh – Mubasher: Al Rajhi Capital announced the distribution of SAR 33.99 million in cash dividend to the unitholders of Al Rajhi REIT Fund for the second half (H2) of last year. Dividends per unit will be SAR 0.21, representing 2.1% of the …
Cash Dividends
Dividends will be distributed at SAR 1.5 per share
3 February 2020 10:29 AM Al Rajhi Bank plans 15% dividends for H2-19
Riyadh – Mubasher: Al Rajhi Bank announced that its Board of Directors (BOD) has recommended the distribution of SAR 3.75 billion in cash dividends to shareholders for the second half (H2) of 2019. Dividends will be distributed at SAR 1.5 per …
Cash Dividends
The SAR 200 million finance deal has been renewed til November
19 January 2020 04:53 PM Saudi Marketing renews finance deal with Al Rajhi
Riyadh – Mubasher: Saudi Marketing Company (Farm Superstores) announced renewing a Sharia-compliant credit facility agreement with Al Rajhi Bank. The SAR 200 million finance deal has been extended until the end of November 2020, according to the …
Banking and Finance
NCB, Al Rajhi, and SABB account for 47% of Saudi banking assets
9 December 2019 00:38 PM Leading Saudi banks to maintain strong profitability – Moody’s
Riyadh – Mubasher: The three largest banks in Saudi Arabia, namely: National Commercial Bank (NCB), Al Rajhi Bank, and Saudi British Bank (SABB), are expected to maintain strong profitability and efficient cost structures, according to a report by …
Market News
Photo Archive
5 December 2019 05:14 PM Al Rajhi Capital discloses details on REIT IPO
Riyadh – Mubasher: Al Rajhi Capital announced that the subscription period for its real estate investment trust (Al Rajhi REIT) total asset value increase offering will begin on 12 December, until 18 December 2019. The initial public offering …
Trading Activities
Shariah Banks continue to outperform conventional banks in deposit growth
27 November 2019 02:07 PM Saudi banks maintain strong growth signs – Report
Riyadh – Mubasher: The Saudi banking sector continues its move forward with steady deposit and loan growth, according to a recent report by Al Jazira Capital. Mortgage loans growth has exceeded expectation in recent years, showing a growth of 41 …
Banking and Finance
Alhokair reported SAR 27.2 million losses in Q3-19
21 November 2019 00:24 PM Al Rajhi Capital maintains Alhokair TP at SAR 22/shr
Riyadh – Mubasher: Al Rajhi Capital Research has revised their estimates for Fawaz Abdulaziz Alhokair and maintained their “neutral” recommendation on the stock with a target price (TP) of SAR 22 per share, according to a research note on …
Stock Evaluations
Walid bin Abdullah Al-Moqbel will replace Stefano Bertamini starting from 1 January 2020
5 November 2019 10:03 AM Al Rajhi Bank appoints new CEO
Riyadh - Mubasher: Al Rajhi Banking and Investment Corporation (Al Rajhi Bank) has announced the official appointment of Walid bin Abdullah Al-Moqbel as its new CEO. The appointment, which will come into effect starting from the beginning of …
Company News
Net profits of Al Rajhi Bank grew by 9.7% in nine months
29 October 2019 10:40 AM Al Rajhi Bank’s Q3 profits hit SAR 3bn
Riyadh – Mubasher: Al Rajhi Bank reported a 12.44% year-on-year increase in its profits for the third quarter recording SAR 2.82 billion. Revenues from Special Commissions/Financing and Investments of the Saudi lender levelled up by 12.35% to SAR …
Banking and Finance
The credit facilities aim to fund MEPCO’s capital
17 September 2019 05:02 PM MEPCO renews, amends banking facilities with Al Rajhi Bank
Riyadh – Mubasher: Middle East Paper Co. (MEPCO) announced the renewal and amendment of a credit facilities deal with Al Rajhi Bank pursuant to the provisions of Islamic Shariah, according to a disclosure to the Saudi Stock Exchange (Tadawul) on …
Company News
Total assets recorded $2.19 trillion in H1-19
26 August 2019 03:38 PM GCC banks’ assets hit $2.2trn in H1
By: Bedour Al Raee Mubasher: Assets of banks operating in the GCC increased by 9.13% year-on-year during the first half of 2019. Total assets recorded $2.19 trillion in H1-19, compared to $2.01 trillion in H1-18, according to Mubasher statistics. …
Macroeconomics
Assets of Saudi-listed banks reached SAR 2.33 trillion in Q2-19
19 August 2019 03:54 PM Saudi banks’ assets hit $622bn in Q2
By: El Sayed Gamal Riyadh – Mubasher: Total assets of banks operating in Saudi Arabia increased by 8.65% year-on-year during the second quarter of 2019. Assets of Saudi-listed banks reached SAR 2.33 trillion ($622.14 billion) in Q2-19, compared to …
Financial Results
The five-year term loan is covered by a promissory note and a property mortgage
5 August 2019 02:58 PM Al Ma’athar REIT secures SAR 400m shariah-compliant facility
Riyadh – Mubasher: Osool & Bakheet Investment Company revealed that Al Ma’athar REIT has signed a SAR 400 million shariah-compliant facility with Al Rajhi Bank. The five-year term loan is covered by a promissory note and a property mortgage, …
Banking and Finance
Net profits grew by 4.28% to SAR 2.58 billion in Q2-19
30 July 2019 00:22 PM Al Rajhi Bank posts SAR 5bn profits in 6M
Riyadh – Mubasher: Al Rajhi Bank posted its interim financial results for the second quarter of 2019. Net profits grew by 4.28% to SAR 2.58 billion in Q2-19, compared to SAR 2.47 billion in Q2-18, according to the bank’s statement to the Saudi …
Banking and Finance
Dividends will be distributed on 1 August
21 July 2019 10:55 AM Al Rajhi Bank to pay 15% dividends for H1
Riyadh – Mubasher: The board of directors of Al Rajhi Bank decided to distribute 15% cash dividends to the shareholders for the first half of 2019, during the meeting held on Thursday, 18 June.   The Saudi lender will pay a total of SAR 3.7 …
Banking and Finance
The Murabaha transaction will be used to secure diversified funding sources for eXtra
27 June 2019 02:10 PM eXtra inks SAR 166m Murabaha deal with Al Rajhi Bank
Riyadh – Mubasher: United Electronics Company (eXtra) has successfully finalised a securitisation agreement with Al Rajhi Bank against the assignment of SAR 166 million of its installment sales’ receivables portfolio. The deal is the first for the …
Banking and Finance
Al Rajhi Bank’s stock topped these private transactions
20 May 2019 11:34 AM Tadawul sees SAR 883m private transactions Monday
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Monday witnessed 15 private transactions in different sectors including the banking and telecommunication sectors with a total value of SAR 883.67 million. Al Rajhi Bank’s stock topped these …
Market News
MSCI Inc said the stocks of 30 Saudi firms will be added
14 May 2019 09:59 AM MSCI adds 30 Saudi companies to EM Index
Riyadh – Mubasher: MSCI Inc. has added the MSCI Saudi Arabia index to its emerging-markets index (EM Index), according to MSCI’s semi-annual index review. The US-based index compiler said the stocks of 30 Saudi firms will be added, accounting for …
Trading Activities
SABIC’s stock topped the private transactions in terms of value, with a SAR 36.7m deal
8 May 2019 00:33 PM Tadawul sees 15 private transactions worth SAR 150m
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Wednesday witnessed 15 private transactions on a number of blue-chip stocks with a total value worth SAR 15 million. Saudi Basic Industries Corporation’s (SABIC) stock topped these private …
Trading Activities
NCB’s profit grew 19.6% QoQ
7 May 2019 09:00 PM Tadawul-listed banks post over SAR 14bn profit in Q1
By: Mahmoud Gamal Riyadh – Mubasher: Banks listed on the Saudi Stock Exchange (Tadawul) saw positive performance during the first quarter of 2019. A number of 12 Tadawul-listed banks reported a 12.7% year-on-year profit increase in Q1-19, …
Banking and Finance
The Saudi lender’s net profits amounted to SAR 2.88 billion
23 April 2019 05:08 PM Al Rajhi Bank’s profit grows 21% in Q1
Riyadh – Mubasher: Al Rajhi Bank reported a 21.1% year-on-year profit growth in the first quarter of 2019. The Saudi lender’s net profits amounted to SAR 2.88 billion in the first three months of 2019, compared to SAR 2.38 billion in the year-ago …
Financial Results
SABIC saw a private deal valued at SAR 22.37 million
23 April 2019 02:14 PM Tadawul sees 15 private deals worth SAR 116.7m Tuesday
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) revealed the execution of 15 private transactions at a combined value of SAR 116.74 million during Tuesday’s trading activities. Banque Saudi Fransi’s (BSF) stock witnessed three private deals …
Trading Activities
SABIC's stock saw a private transaction valued at SAR 3.2 million
16 April 2019 00:41 PM Tadawul sees 5 private deals worth SAR 10.5m Tuesday
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) revealed the execution of five private transactions at a combined value of SAR 10.5 million during Tuesday’s trading activities. Saudi Basic Industries Corp’s (SABIC) stock saw a private …
Trading Activities
Banks are forecast to witness higher profit growth of 18% in Q1-19
8 April 2019 03:24 PM Saudi petrochemical firms to see 22% profit drop in Q1 - AlJazira Capital
Riyadh – Mubasher: AlJazira Capital expected 37 Saudi-listed companies under its coverage to report a 4.8% year-on-year decline in their consolidated profit for the first quarter of 2019. Profits of petrochemical firms are expected to decrease by …
Company News