Al-Rajhi continues expansion in spite of global recession

Published January 29th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Director General of the Al-Rajhi Banking and Investment Corporation, Abdullah Sulaiman Al-Rajhi, stated that in spite of the prevailing global economic recession, the corporation continued with its expansion activities throughout 2001, reported Al-Bayan . The group opened 31 new branches and renovated 75 existing branches. In addition, the Al-Rajhi Corporation installed 119 new Automated Teller Machines(ATM) in 2001 and introduced several online and cellular services. — (menareport.com) 

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