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Bank Muscat of Saudi Arabia banks

BankMuscat (SAOG) is the largest bank in Oman today with a strong presence in consumer and corporate banking, investment banking, treasury, private banking, asset management and project finance. The Bank has a network of 106 branches and 250 ATMs in Oman and a representative office in Dubai (UAE). BankMuscat also has a strategic stake in Centurion Bank of Punjab, one of the largest private sector bank in India, and has a 49% stake in BankMuscat International (BMI), an independent banking entity in Bahrain that is focused on becoming a truly GCC regional bank. The Bank has also recently opened its operations in the Kingdom of Saudi Arabia. 
Banks of Saudi Arabia | Views: 2962 | Added by: Lexu | Date: 04.01.2012 | Comments (0)

Put Your Money In to Al-Rajhi Bank


Al-Rajhi BankThe Al-Rajhi Bank is the largest Islamic bank in the world and a major investor in Saudi Arabia's business world. The Bank is one of the largest joint stock companies in the Kingdom. Al-Rajhi Bank's shareholding pattern show that the four sons of Abdul Aziz Al Rajhi (Saleh, Sulaiman, Abdullah and Mohammed) and their heirs remain the corporation's primary equity holders. 

Al-Rajhi Bank is considered as one of the largest banking corporations in the Kingdom with a capital base funded at 100% beginning at SR 750 million, which was then increased to SR1.5 billion, then to SR2.25 billion, then to SR4.5 billion (March 2005) then to SR6.75 billion (March 2006) and finally to SR13.50 billion (March 2007). 
Banks of Saudi Arabia | Views: 4062 | Added by: Lexu | Date: 19.10.2011 | Comments (0)

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