Who We Are

Our Vision:

To be the most innovative and trusted financial solutions partner.

Our Mission:

To help people, organizations and society achieve their aspirations by being their trusted and caring financial solutions partner.

Our Values:

• We Care
• We Win
• We are One Team

About Riyad Bank:

Riyad Bank is one of the largest financial institutions in the Kingdom of Saudi Arabia and the Middle East. Established in 1957, with a paid-up capital of SAR 30 billion. Our professional and dedicated staff base has mainly driven our success throughout the years. With more than 7,259 employees, we take pride of being among the Saudi organizations with the highest national employment rate of 96%.
We provide a comprehensive range of products and services fully compliant with the Islamic Sharia’ to meet the needs of both retail and corporate customers, including small and medium-size enterprises. We play a leading role in various areas of finance and investment around Saudi Arabia, that is why we are distinguished as a leading financier and arranger of syndicated loans in the oil, petrochemicals and most of the Kingdom’s notable infrastructure projects.
We offer innovative and remarkable financing solutions through a network of 335 licensed branches, and more than 216,927 POS, in addition to more than 2,214 ATMs well distributed in strategic & carefully selected locations around the Kingdom. And since global expansion is essential for some of our customers outside the Kingdom, a branch in London and offices in Houston (USA) and Singapore help in supporting the international banking needs of such customers.
Our electronic banking services (web-based and mobile applications) use the latest electronic technologies to address the banking needs of our customers with utmost ease, convenience and security.
Riyad Capital is a leading player in the IPO advisory business and asset management, having won numerous investment awards in Saudi Arabia in categories ranging “Top Performance Fund” and “Best Custodian” and “Most Innovative REIT Fund”.

Financial Performance

Riyad Bank achieved SAR 6,091 million net income for the 9M of 2023 compared to SAR 4,991 million for the corresponding period last year, an increase of 22.0%. Total operating income reached SAR 11,967 million for the 9M of 2023 compared to SAR 9,857 million for the corresponding period last year, an increase of 21.4%.

Financial Strength

Total assets as at September 30th, 2023 reached SAR 377,012 million compared to SAR 347,881 million as at September 30th, 2022, an increase of 8.4%. Customer deposits are higher by 8.0% to reach SAR 254,719 million as at September 30th, 2023, against SAR 235,892 million as at September 30th, 2022. Loans and Advances, net is higher by 10.6% and stood at SAR 267,151 million as at September 30th, 2023 against SAR 241,586 million as at September 30th, 2022.

Risk Rating

• The international Fitch Ratings Agency maintained the short-term issuer default rating (IDR) for the Bank at ‘F-2’ and ‘A-’ rating is issued for long term IDR with a stable outlook.
• Standard & Poor’s Rating Agency maintained its short-term liability rating for Riyad Bank at ‘A-2’ and long-term liability rating at ‘A-’ with a stable outlook.
• Moody’s Rating Agency maintained its short-term liability rating for Riyad Bank at ‘P-1’ and long-term liability rating at ‘A2’ with a positive outlook.