Bank Aljazira

Last updated
Bank Aljazira
Company type Public (Tadawul:  1020) [1]
ISIN SA0007879055  OOjs UI icon edit-ltr-progressive.svg
Industry Finance
FoundedJune 21, 1975;48 years ago (June 21, 1975)
Headquarters Jeddah, Saudi Arabia
Products Financial services
Total assets 86,544,344,000 Saudi riyal (2019)  OOjs UI icon edit-ltr-progressive.svg
Website www.baj.com.sa

Bank Aljazira aka BAJ is a Saudi Arabian financial group and a joint-stock company founded in 1975 headquartered in Jeddah. [2] [3] [4]

Contents

Overview

Bank Aljazira was established as a Saudi joint-stock company registered under Royal Decree No. 46/M issued on June 21, 1975. The bank began its operations on October 9, 1976, after it acquired the branches of the National Bank of Pakistan in the Kingdom of Saudi Arabia. In 2010, the foundations were laid for future growth and diversification of the bank's products and services, which contributed to the diversification of income sources away from the risks of relying on one or two sources of income. [5] [6]

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References

  1. "Company Details". tadawul.com.
  2. "Rating boost for Bank AlJazira". Arab News. 2 July 2013.
  3. "Bank AlJazira (BAJ), Jeddah, Saudi Arabia | Head office, address, tel, website and swift code". banksdaily.com.
  4. ""بنك الجزيرة" يدعو المساهمين لحضور اجتماع الجمعية العمومية العادية - الاقتصادي - البيان". www.albayan.ae (in Arabic).
  5. "إنتهاء حقوق أولوية بنك الجزيرة". صحيفة الاقتصادية (in Arabic). 4 April 2018.
  6. "تغطية أولوية بنك الجزيرة بنسبة 89 % وطرح المتبقي .. الثلاثاء". جريدة الرياض (in Arabic).