 |
| Al Rajhi Bank |
| Return to the Islamic finance awards index |
Al Rajhi Bank’s success in Islamic banking in the Middle East has still not been eclipsed. Other banks were perhaps more aggressive before the crisis. However, since 2008 Al Rajhi’s more conservative, retail-oriented approach, resting on a 500-strong branch network, has meant that it has continued to thrive while competitors fell by the wayside.
Despite a small increase in impairments on the last nine months of 2010, net income increased 7.4%
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
