Riyad Bank is one of the largest financial institutions in Saudi Arabia and the Middle East, with a strong corporate and retail banking franchise.

Operational Performance

Mobilizing its substantial capital base and with decades of expertise to assume a leading role in all areas of Saudi finance, Riyad Bank is a leading financier and arranger of syndicated loans in the oil, petrochemicals, and most of the Kingdom’s notable infrastructure projects.

We offer our clients an accessible network of more than 246 branches with 73 ladies sections and 14 self service electronic branches. Our remote banking package (RiyadNet) uses the latest electronic technologies to address the banking needs of our customers. The bank has also kept its lead in the ATMs network, as the number of multi-functional ATM's exceeded 2,600 machine distributed in strategic & carefully selected locations.

Offices in London, Houston, and Singapore help us support the international banking needs of our clients. Riyad Capital [Riyad Bank’s investment banking arm] is a leading player in the IPO advisory business and asset management in Saudi Arabia, having won numerous investment awards in categories ranging from “best mutual performance” to “best fund manager.”

Financial Performance

Riyad Bank has achieved SR 2,372 million as net income up to 30 Sep 2011, with total operating income increasing to SR 4,669 million against SR 4,495 million last year.

Financial Strength

Total assets as at end of  September  2011 reached SR  180,371  billion and shareholders’ equity  stood at SR 29.5 billion. Customer deposits  reached SR 132,335 billion and loans stood at SR  112,139  billion.

Standard & Poor’s Rating Agency raised its long-term liability rating for Riyad Bank to ‘A+’ and ‘A-1’for short-term liability. This award followed, an ‘A+’ rating for long-term liabilities and ‘F1’ credit ratings awarded for short-term liabilities, by Fitch Ratings.

Additionally, Capital Intelligence Agency has awarded the Bank (AA-) for long-term liabilities and (A+) for short-term liabilities. These agencies have affirmed these ratings after confirming a stable outlook for the Bank.