Saudi Arabia - September 2000

Al Rajhi Corporation Officials Discuss Strategy

The General Manager, Mr. Abdullah Al Sulaiman Al Rajhi, presided at a meeting attended by DGMs, Executive Managers and department managers to discuss Al Rajhi Corporation's strategy, and the achievements of the last strategy.

The meeting discussed the future strategies prepared by each of the Corporation's six groups, that made up the Al Rajhi Corporation Strategic plan. It aimed to continue efforts to provide high quality integrated banking services through an advanced package of systems used by the Corporation in its different banking activities.

Strategies introduced for the coming period focus on the requirements of retail banking, individual banking services and women sections. The strategy also concentrates on the changes and challenges forced by the new market rules and the need to adapt to such changes, and the challenge to maintain the Corporation's leading position as a pioneer of Islamic banking.