Bank AlJazira
A Saudi Arabian financial organization with its corporate seat in Jeddah is known as Bank Aljazira, sometimes known as BAJ. The establishment of Bank Aljazira as a Saudi joint-stock corporation was authorized by Royal Decree No. 46/M, which was issued on June 21, 1975. After acquiring the National Bank of Pakistan's Saudi Arabian branches, the bank started operating on October 9, 1976.
In 2010, the groundwork for future expansion and diversification of the bank's products and services was laid, helping to reduce the risks associated with relying on one or two sources of income.
Bank AlJazira's market cap was $4.11 billion as of April 2023. By market capitalization, Bank Al Jazira is now the 2664th most valuable corporation in the world. The most recent financial reports from Bank AlJazira show that the company's current revenue (TTM) is $0.91 billion. The company generated $0.94 billion in revenue in 2021, up from $0.87 billion in revenue in 2020.
Founded: 1975
Headquarters: Jeddah, Saudi Arabia
Website: www.baj.com.sa