According to the pact, The Saudi Investment Bank has been named the official sponsor of the club. Along with this, the bank will also be serving as the official bank of the football outfit in Saudi Arabia.
Through this partnership, the financial institution will get the best opportunity to connect with the fans of La Casa Blanca and deliver some better products and services to them, which are according to the preferences of the fans.
Emilio Butragueño, Director of Institutional Relations at Real Madrid, commented, “We’re really excited about this partnership. It will help us to grow as a club and strengthen the relationship with all of our fans in Saudi Arabia, a country which is undergoing tremendous expansion in football terms. We believe it comes at the perfect time for us, so we’re really pleased and hope this alliance can last for many years.”
Faisal Al-Omram, Chief Executive Officer, The Saudi Investment Bank, stated, “We’re very pleased to have signed this agreement with Real Madrid, one of the best, if not the best football team in the world. We’re eager to offer unique experiences to Real Madrid fans in Saudi Arabia and we want this agreement to last.”
Founded in 1976 with its current headquarters in Riyadh, Saudi Arabia, The Saudi Investment Bank is a leading financial institution that has its operations through a 52-branch network that also has 10 ladies branches all over the country. The Saudi Investment Bank finances the industrial, quasi-governmental, and commerce sectors, including import and export operations. The bank offers Sharia-compliant banking services and products through its (Asala) programme.
With eight wins, one draw and a loss each in the account, Los Vikingos are currently the top-ranked team in the ongoing Spanish top flight. The club will be ready for the El Clasico tomorrow at the Lluís Companys Olympic Stadium in Barcelona, Spain.