Alawwal Bank - ALAWWAL

Activities

Alawwal Bank was established in Riyadh, in 1926, and became the first bank to begin operations in the country. Having a 90 yearlong history of providing the best banking services and innovative financial solutions to the people of the country, it has played an important role in supporting the leaders of the kingdom and the growth of the Saudi economy. Thebank provides financial services like corporate banking, personal banking, investment services, etc., whilst also offering product-financing, Sharia-compliant products, and advisory services. The bank is also reveredin Saudi Arabia for being an award-winning personal banking solutions provider. Having a vision to provide a secure environment to its customers, the bank has maintained a strong capital base and has consistently remained at the top among the country's leading banks in earnings, growth, and return on average equity. Alawwal Bank offers accounts, credit cards and award-winning financing solutions, personalized to 'General', 'Priority', 'Preferred' and 'Private' banking customers, all of whom benefit from its outstanding Tedallal Rewards program. The bank operates through a network of 65 branches and more than 554 ATMs throughout the kingdom, along with modern mobile and internet banking platforms also available to its customers. The 'Investment Banking'&'Investment Services' segment offers security dealing, and managing, arranging, advising and maintaining custody services in relation to securities. The treasury segment deals mainly in foreign exchange, money market, and commission rate. It also manages the group's investment portfolio. The bank has a long history of working with many of the kingdom's leading businesses and families, thus assisting in the country's overall growth and success over the years.