I joined AlRayan Bank as a Senior Prudential Risk Manager earlier this year. My job is making sure that the Bank has the capital and liquidity it needs to meet its obligations, even if a stress like a financial crisis were to occur.
Al Rayan Bank has increased the expected profit rates (EPR) across its Fixed Term Deposit (FTD) savings accounts for a third time in the last month. It means fixed savings EPRs have now hit 2% for the 36 month FTD account.
Al Rayan Bank has appointed Amirun Nehar as its new Board Secretary. As Board Secretary she will help streamline governance processes within the Bank and will be an important advisor to the Board.