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Saudi’s STC signs IT solution agreement with Al-Rajhi Bank

Saudi’s STC signs IT solution agreement with Al-Rajhi Bank
ALRAJHI
1120
-2.06% 104.80 -2.20
STC
7010
-1.22% 41.98 -0.52
Saudi Telecom Co. (STC), a leading operator in Saudi Arabia, has signed a strategic agreement with Al-Rajhi Bank to offer information technology solutions to the lender.
The solutions stated in this agreement include the Golden Bulk Messaging, the IPVPN and the DWDM service.
On the sidelines of signing this agreement, Dr. Tareq Enaya, STC’s senior vice president of the business department, said the operator is keen to support its strategic partner Al Rajhi Bank, and the lender’s customers will benefit from this support which aims to develop the services provided to the banking sector as one of the main drivers of the Saudi economy.