Al Bilad Competitors

Founded in 1957, Al Rajhi Bank is one of the largest Islamic banks in the world with total assets of SR 384 billion (US$ 102 billion), a paid up capital of SR 25 billion (US$ 6.66 billion) and an employee base of over 9,600 associates. With over 58 years of experience in banking and trading activities, the varions individuel establishments under the Al Rajhi name were merged into the umbrella 'Al Rajhi trading and exchange corporation' in 1978 and it was in 1988 that the bank was established as a Saudi share holding company. Deeply rooted in Islamic banking principles, the Sharia compliant banking group is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development. With an established base in Riyadh, Saudi Arabia, Al Rajhi Bank has a vast network of over 570 branches, over 152 dedicated ladies branches, more than 5,190 ATM's, 106,000 POS terminals installed with merchants and the largest customer base of any bank in the Kingdom, in addition to 232 remittance centers across the kingdom. The first men's branch was opened in Aldirah in 1957, with the first ladies branch being opened in AlShmaisi in 1979.

In 2007, National Bank of Kuwait (NBK) - the best bank in the Middle East and highest rated by international rating agencies - acquired AWB to start operations in Egypt for the first time, which marks a new milestone in the regional expansion of NBK. After the acquisition in 2007 NBK kept the bank’s name as AWB, only adding “A Subsidiary of NBK Group” to the logo, until mid-2014 when the bank name and logo changed to NBK. When the bank was acquired by NBK its number of branches was 24, soon after the acquisition NBK adopted a strategic expansion plan which increased the number of branches to reach 52 branches and a total number of 150 ATMs in 2020, which are all strategically located in the most vibrant spots across the country, from Cairo and Alexandria, to Giza, Mansoura and Sohag. Since the acquisition, the bank managed to secure loans for thousands of big and small investors and institutional clients, a fact reflected in its increasing performing loan portfolio. Based in Egypt, with a large branch network across the country, we understand entirely the challenging needs of individuals and aspiring businesses, and the change involved to remain one step ahead in today’s rapidly evolving markets

We’re proud to be pioneers in our sector. Founded in 1977 in the State of Kuwait, we were the country’s first Islamic bank, and today we continue to lead the way in Islamic finance. Islamic banking is compliant with Shari’a religious law and guided by the Islamic principles of an integral and just society. Transparency and honesty sit at the heart of this approach, which aims to benefit both the bank and its customers. Committed to evolving to meet the changing needs of our global customers, we offer a broad range of Islamic financial services and products, including real estate, trade finance, investment portfolios, and commercial, retail, and corporate banking. Our growing network spans seven regions with 640 branches, around 800 ATMs, and 8,600 team members worldwide. Our ambitions have always extended beyond our home country. Over the past nearly 50 years, we have grown steadily, becoming one of the biggest lenders in local and regional markets and a major player within the wider banking industry. KFH (KSE: KFIN) is a publicly listed company on the Kuwait Stock Exchange (KSE). As of 31 December 2013, our largest shareholders included the Kuwait Investment Authority (Direct), Kuwait Awqaf Public Foundation (Direct), Public Authority for Minors’ Affairs (Direct), and The Public Institution for Social Security (Indirect).