Introduction of Public Sector Management under Corporate & Institutional Banking Group

Overview

In Bank AlJazira, "Public Sector" (PS) refers to the segment encompassing government entities, semi-government organizations, insurance companies, capital markets, and multinational corporations (MNCs). Anything categorized under this definition is exclusively served through the public sector.

PS is essential for supporting government bodies and public institutions in Saudi Arabia. It aligns with the Vision 2030 framework, emphasizing economic growth, improving public service delivery, and promoting sustainable development across multiple sectors.

 

Objective

The primary objective of PS is to provide tailored financial solutions that empower public sector entities to achieve their strategic goals. This includes offering “the whole bank” and its related services to the client, being Retail, Treasury, GTS, Private Banking and BAJ Capital. 

 

Main Role as a Service Provider

As a service provider to public sector entities, our role encompasses:

  • Advisory Services: Offering expert guidance on financial management, project financing, and public-private partnerships.
  • Financial Solutions: Developing customized funding structures to support large-scale infrastructure and development projects.
  • Risk Management: Providing tools and strategies to mitigate financial risks associated with public sector operations.

Products and Services

To meet the diverse needs of public sector clients, we offer a range of products and services, including:

  • Project Financing: Structured financing solutions for infrastructure projects, including roads, healthcare, and education.
  • Sukuk Issuance: Assistance in issuing Sharia-compliant bonds to raise funds for public initiatives.
  • Treasury and Cash Management: Solutions to optimize cash flow and liquidity management for public institutions.
  • Investment Advisory: Guidance on strategic investments to maximize returns on public funds.
  • Public-Private Partnerships (PPP): Facilitation of collaborations between public entities and private sector investors to drive development initiatives.

By aligning our services with the goals of Vision 2030, we aim to contribute significantly to the transformation of the public sector in Saudi Arabia, ensuring a prosperous and sustainable future for the Kingdom

Main contact email : Public_sector@bankaljazira.com 

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Bank AlJazira, A Saudi Joint Stock Company, Fully paid capital SAR 10,250,000,000, Commercial Registration No: 4030010523, Head office: Jeddah – Saudi Arabia, P.O. Box 6277
Jeddah 21442 Telephone: +966 12 609 8888 – Fax +966 12 609 8881, National Address: Bank AlJazira – King Abdulaziz Branch Rd – Ash Shati District Building No. 7724
Zip code 23513, Additional No. 3551, unit No.1 Website: www.baj.com.sa, Bank AlJazira is under the supervision of Saudi Central Bank