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The Social Development Bank signed an agreement with Riyadh Bank, to implement and launch an innovative savings product that stimulates children. The agreement was signed by the bank, CEO of the Social Development Bank Ibrahim bin Hamad Al-Rashed, and by Riyadh Bank, CEO, Tariq bin Abdul Rahman Al-Sadhan, in the presence of a number Bank leaders and executives.
With SAMA support, Riyad Bank announced their providing of “secured financing” which provide SME’s with financing up to 15 million to ensure the continuity of its business.
Interview in Oxford Magazine
Riyad Bank ranked as one of the strongest 40 Arab institutions in the world in Forbes list ranking the 12th in the Middle East level, based on 4 standards, sales, profits, assets, and market value. Forbes issues yearly a list for the biggest 2000 companies that listed in the world stock markets.
The "Bokra"(tomorrow) strategy that Riyad Bank launched in 2019 was not just a regular community initiative among the many initiatives that accompanied the bank’s march since its inception, and has been associated with its activity as a banking institution with national and community responsibility in the first place.
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