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Intro to International Business MGT321
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Introduction
The Al Rajhi Bank is a Saudi Arabia bank. As of 2015, it was the largest Islamic bank
in the world by capital (Linkedin, 2020). This bank is a core investor in Saudi Arabia’s
business. Also, it is among the largest joint-stock firms in Saudi Arabia. Besides, the
company has more than 600 branches. The bank has its headquarters in Riyadh. What is
more, the bank has branches in Jordan and Kuwait. The company was founded in Al Rajhi
Bank. The company has an employee base of more than 9,600 associates (Linkedin, 2020).
Since the company is deeply founded on Islamic banking principles, the bank is Shariacompliant. This has helped the company to balance between contemporary financial demands
as well as intrinsic values while at the same time spearheading several industry standards and
development. This paper is an analysis of both the internal and external environment of Al
Rajhi Bank.
SWOT Analysis
SWOT Analysis is used for assessing both the internal and external environment of a
business Entrepreneurs can use SWOT Analysis to make the most out of the resources and
capabilities they have got. Also, it can help firms to reduce their chances of failure. This is
because SWOT analysis helps firms to understand what they are lacking as well as
eliminating threats that would otherwise catch the business unawares.
The internal envi…
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