RIYADH, 24 January 2006 — Saudi Al-Rajhi Bank plans to offer shareholders one bonus share for every two shares they own, it said yesterday. The proposed move, which will be funded from company reserves, would raise its capital by 50 percent to SR6.75 billion ($1.8 billion), it said in a statement. Its board will meet today to decide on the proposed move by the bank, Saudi Arabia’s largest by capitalization.