Deutsche Gulf Finance
| Private | |
| ISIN | 🆔 |
| Industry | Finance |
| Founded 📆 | 2009 |
| Founder 👔 | |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
| Products 📟 | Financial Services, Mortgage, Real Estate Financing |
| Members | |
Number of employees | 100 |
| 🌐 Website | http://www.deutschegulf.com |
| 📇 Address | |
| 📞 telephone | |
Deutsche Gulf Finance دويتشه الخليج للتمويل ("DGF") was established in 2010 as a joint venture between Saudi investors and Deutsche Bank. Later in 2013 DGF obtained its license from the Saudi Arabian Monetary Agency. The Chairman is Fahad Abdullah Al Rajhi and the Chief Executive Officer is Naif Al Baz.
Organisation[edit]
DGF operates in several major Saudi cities with branches located in Riyadh, Jeddah, and Alkhobar. It offers a range of finance products that comply with Sharia Law in the form of Ijarah financing. Recently DGF received approval to offer commercial financing products that are expected to be available from 2016.
Saudi Advanced Industries Company (SAIC) a Saudi Joint Stock Company has invested a sum of SAR 200 million and with this and other investments the capitalization has reached SAR 571 million[1] allowing DGF to extend its current portfolio that has reached the SAR 2 billion mark.[citation needed]
Awards[edit]
- Best Real Estate Finance Company in Saudi Arabia 2015 [2]
References[edit]
- ↑ "Saudi Industrial Development Co to own a 31.8 percent stake in Deutsche Gulf Finance". Argaam. 19 October 2014. Retrieved 27 May 2016.
- ↑ http://www.globalbankingandfinance.com/global-banking-finance-review-awards-2015/
External links[edit]
This article "Deutsche Gulf Finance" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
