alrajhi bank has announced that its Board of Directors has approved a recommendation to distribute cash dividends totaling 5,840 million riyals to shareholders for the second half of the 2024 fiscal year. This translates to 1.46 SAR per share after Zakat deduction, representing 14.6% of the bank’s capital.

The bank also confirmed that it has received the non-objection approval from the Saudi Central Bank (SAMA) regarding the board’s recommendation to proceed with the dividend distribution.

These semi-annual distributions reflect the bank’s commitment to delivering value to its shareholders while reaffirming its strong financial position and consistent growth. They also underscore alrajhi bank’s continued success in providing exceptional banking services, driven by innovation and cutting-edge technology.

alrajhi bank remains dedicated to offering best-in-class financial services through its extensive nationwide branch network, the largest ATM network in the Kingdom, and its leadership in point-of-sale (POS) transactions. The bank also continues to enhance its digital banking capabilities, offering seamless services via internet banking, mobile applications, and self-service branches, pioneering digital transformation in the Kingdom.