Al Rajhi Banking and Investment Corporation, together with its subsidiaries, engages in banking and investment activities in the Kingdom of Saudi Arabia and internationally. The company operates through four segments: retail, corporate, treasury, and investment and brokerage services. Offers checking, prosperous, private, women’s, business and escrow accounts; personal financial services, for automobiles, homes, automobiles, real estate, fleets, payroll, POS merchants, contracts, invoices and working capital; Credit and debit cards; and insurance products for vehicles, property, family protection, medical, personal accident, travel, marine and cargo, engineering, machinery breakdown and professional liability. The company also offers document collection services, letters of credit, letters of guarantee, supply chain finance and e-commerce; cash management services; and investment products. In addition, it offers several corporate products, such as Bai Al Ajel, a financing line that provides cash to clients; Murabaha contracts that allow clients to buy raw materials, capital goods and other consumables in local and international markets; Musharaka which allows clients to import goods and equipment; Istisnaa for the financing of real estate projects; Akar to invest in properties; and Erad, which provides credit facilities against the assignment of rental income for a specific period for those interested in financing the purchase of a property. In addition, the company offers treasury products, including direct investment, foreign exchange, gold trading and bank notes; and mutual funds, investments, and local and international stock trading services. It operates through a network of 591 branches.
Learn how to buy shares of Al Rajhi Banking and Investment Corporation (1120.SR). Tutorial explained
Are you interested in buying shares of Al Rajhi Banking and Investment Corporation (1120.SR) in Saudi Arabia with ease and through a regulated broker? Are you interested in being able to invest your earnings for the month and have profits in the stock market? With this guide I am going to show you how easy it is to register a degiro account , a reliable German investment broker with low commissions, and how you can get your first shares of Al Rajhi Banking and Investment Corporation (1120.SR ) (1120.SR) quickly and easily.
The method to follow is simple :
- First of all, we are going to register in Degiro, an investment platform in which we will invest in shares of the company Corporación de Banca e Inversiones Al Rajhi (1120.SR) with the ticker (1120.SR).
- In 2nd place we will add funds to then be able to make the first investment in shares.
- Once we visualize the funds we have to locate Al Rajhi Banking and Investment Corporation by putting the Ticker in the search engine, in this case it is 1120.SR.
- To finish we only have to add the number of shares to buy, the value and the type of order.
The tutorial may have been essential for you, so now you are going to see the entire process with images.
DeGiro registration tutorial.
To start we will create an account in DEGIRO with the following link :
It will ask us for an email, a name and a PIN code to enter, and then we must continue using the link that they have sent us by email.
Next, degiro will request the necessary information in order to accept our official identification . We will need to have on hand our passport, DNI (identity document) or driver’s license, your telephone number and the account number that we will place to make our 1st deposit. If you do not understand what method this format is for, you can check this simple tutorial article that we wrote at Educacep .
Once our account is approved, we can pay money from the Enter/Withdraw section. We will be able to make a bank transfer that will take 1-3 days, or proceed to make the deposit quickly using Sofort, a 100% secure and reliable payment gateway.
How to buy shares of Al Rajhi Banking and Investment Corporation (1120.SR) through Degiro
When we already have the money we have the possibility of buying our first share. You can select the button “Place order”located in a corner or use the DEGIRO search engine and type the ticker. In the next screenshot you will find that I have written the ticker of Amazon but in your case you must put (1120.SR), the ticker of Al Rajhi Banking and Investment Corporation. As we are talking about an action, we will discover that the related results are listed and there we will see the Al Rajhi Banking and Investment Corporation. What is key is that the ticker, the name of the stock and the market in which it is listed coincide. Amazon is listed on Nasdaq (NDQ) and in your case Al Rajhi Banking and Investment Corporation (1120.SR) is listed in Saudi Arabia. This step is essential so make no mistake.
At the moment of developing the order we must pay special attention to the following . We have the possibility of placing a limit or market order. You think you want to get a share of Al Rajhi Banking and Investment Corporation, but its real price is higher. With the limit order we will adapt the value at which we calculate to carry out the operation and until there are no shares selling at a certain value, the purchase of the share will not be carried out. With a market order DEGIRO will buy the number of shares that we have adjusted to the current selling price, which will be very close to the current listing price.
In all cases it is very important that you look at the order: permanent or of the day . To serve as an example, in Spain, the stock market is in the morning until 1:00 p.m., and in the USA it corresponds to the afternoon schedule in Spain. If the order is permanent, it will continue until the moment it can be executed, but if you prefer the “of the day” option, when the trading session ends, if it is not carried out, it will be deleted from your section in Activity – Pending Orders .
Hopefully this short text has helped you to invest in Al Rajhi Banking and Investment Corporation.
|Name||Title||Salary||exercised||Year of birth|
|Mr. Waleed Abdullah Ali Al-Mogbel||Executive chieff. Official||N/A||N/A||1976|
|Mr Hisham Bin Ali Al Aql||Top Key Run||N/A||N/A||N/A|
|Mr. Abdulrahman Abdullah Abdulrahman Al-Fadda||CFO||N/A||N/A||N/A|
|Mr Robin Douglas Jones||Director of operations||N/A||N/A||N/A|
|Mr. Abdullah Sulaiman Al-Nami||Chief Compliance Officer||N/A||N/A||N/A|
|Mr. Omar Mohammad Almudarra||Director of Governance and Legal||N/A||N/A||N/A|
|Mr. Turki Mohammed Al-Dhfayan||Director of Marketing and Customer Experience||N/A||N/A||N/A|
|Mr. Ahmed Saleh Al Sudais||HR director||N/A||N/A||N/A|
|Mr. Abdulaziz Saad Al Resais||Chief Risk Officer||N/A||N/A||N/A|
|Mr James Chester Galloway||Director of Strategy and Transformation||N/A||N/A||N/A|
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