StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Human Resource Management: A Case of the Al Rajhi Bank - Essay Example

Cite this document
Summary
"Human Resource Management: A Case of the Al Rajhi Bank" paper presents a study on the HRM practices at the Al Rajhi bank in Saudi Arabia. The study was conducted using both secondary and primary research methods. The study has stated certain recommendations based on the findings of this study.   …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful
Human Resource Management: A Case of the Al Rajhi Bank
Read Text Preview

Extract of sample "Human Resource Management: A Case of the Al Rajhi Bank"

Download file to see previous pages

Even in a time of global financial turmoil, Saudi Arabia's banking industry had shown impressive year-on-year growth results. Saudi Arabia banking has strong credit growth, averaging 14.4% in 2012, and deposits grew 7.9% YoY, customer lending grew at 18.3% YoY, while corporate lending has a growth of 10.6% in the same period. Saudi Arabia banking sector has middle-sized financial sectors according to the IMF. Saudi Arabia banks have a trend of adequate capitalization, good loan-to-deposit ratios, and low exposure to foreign debt and toxic loans.

All these positive results are related to gaining astounding benefits from relatively high oil prices. 12 Figures: Saudi economic & banking sector growth 12 Saudi Arabia has a modern banking industry with 13 commercial banks that provide retail and corporate banking, investment services, derivative transactions, credit cards, ATMs, and point-of-sale transactions. There are also non-Islamic banking that provides Islamic banking services that are consistent with the principles of Islamic law, which prohibit the collection of interest on deposits and trading in financial risk. Training at Al Rjhi conducted internal and external sessions. Internal training involves when training organized in-house training through the human resource department or training department using a senior staff or talented staff in a particular department. External training is normally arranged outside the firm and mostly organized by training institutions and consultants.

Whichever training, the attendant is mandatory for all employees. 15 Orientation program 16 Training issues and problems 17 2.4 HR planning 18 HR Planning refers to the procedure that comprises o the setting of aims and objectives, budgeting, conducting planning that is strategic in nature and execution as well as assessment of programs (Durai 109).

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Grammar check Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Grammar check Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/english/1482757-grammar-check
(Grammar Check Essay Example | Topics and Well Written Essays - 750 Words)
Grammar Check Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/english/1482757-grammar-check.
“Grammar Check Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/english/1482757-grammar-check.
  • Cited: 0 times

CHECK THESE SAMPLES OF Human Resource Management: A Case of the Al Rajhi Bank

The Human Resource Management of Al Rajhi Bank

Background Global the al rajhi bank is not only a big financial institution in Saudi Arabia; it is the biggest Islamic bank in the whole world.... This research paper presents a study of the human resource management practices of the leading bank Al Rajhi in Saudi Arabia.... human resource management has become the top concern for leading financial institution of the modern world.... Qualitative analysis of the information collected leads to the inference that the bank has excellent human resource practices....
13 Pages (3250 words) Research Paper

The Impact of Private Education In Saudi Arabia On Expatriate Teachers And Students

The researcher will make use of the qualitative-descriptive method of research.... In the collection of informational data, the researcher will conduct an interview on expatriate teachers and students in their respective schools in Saudi Arabia.... The collected data will be computed statistically for mean, median, mode, percentile rank, and relative frequency....
13 Pages (3250 words) Research Proposal

Establishing Money Exchange and Transfer Business

In the other countries money changers are prohibited, while in UAE and the other Gulf countries they are regulated, licensed, and supervised by the central bank.... It is mainly run by the bank through 'over-the counter' and by the companies who trade in currencies....
12 Pages (3000 words) Research Proposal

Intellectual Capital in the Annual Reports of Arabian Banks

For this research paper, four top-ranking banks of Saudi Arabia are selected – 1) al rajhi bank, 2) Bank Al-Jazira, 3) Banque Saudi Fransi, and 4) Islamic Development Bank.... The chosen method comprises a case study approach with the annual reports of the respective banks.... The new approach adopted in presenting the annual reports to the readers should help stakeholders make proper value assessments through the company's intellectual capital (Li et al....
6 Pages (1500 words) Research Proposal

Customer Satisfaction towards EBanking in Saudi Arabia

The paper uses the case of Alhaji Bank in Saudi Arabia as the case study to look at the adoption of E-banking services in the region and how effective they are to the development of customer satisfaction.... This paper uses the bank as a platform to analyze the use of the Banking services on customers.... The customers on the other hand have been attracted to the new banking operations since there is round clock a seiche for the bank thereby ensuring ease to access and also avoiding queues and restrictive banking for the customers during the operating hours (Almogbil, 2005)....
54 Pages (13500 words) Essay

Human Resource Management Might Not Be One of the Most Valuable Activities in an Organisation

In a previous essay, the nature of human resource management (HRM) was described, including the specific activities which make up this domain of knowledge.... The paper "human resource management Might Not Be One of the Most Valuable Activities in an Organisation" is an outstanding example of a human resources literature review.... In a previous essay, the nature of human resource management (HRM) was described, including the specific activities which make up this domain of knowledge....
17 Pages (4250 words) Literature review

HRM Practices and Issues of HSBC Saudi Arabia

The bank was formed out of the joint venture orientation between the Saudi British bank (SABB) and the HSBC, to form the HSBC Saudi Arabia Limited in 2005.... Being formed as a limited liability company, the bank established itself as one of the fast-growing banking firms in Saudi Arabia rating to share capital of over SAR 50 million (an equivalence of US$ 13.... With its headquarter in Riyadh, Saudi Arabia, HSBC Saudi Arabia has established itself as the first full-service investment bank, and provide services like corporate finance, asset management, investment banking advisory, Islamic finance, equity research, security services, and brokerage services....
13 Pages (3250 words) Case Study

Best Practice Regarding Derivatives

The challenges faced by the human resource management include; the difficulty of selecting qualified personnel, changes in technology that calls for regular training for the staff to equip them with up-to-date technology, difficultly in maintaining rapport within the company and external parties.... The human resource management in Oman differs in the following ways.... n terms of objectives in the public sector, the human resource management staff does not struggle in making a profit for their organization but instead produces public goods that are beneficial to every citizen of the country....
5 Pages (1250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us