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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 and expanded network of more than 304 branches with 64 dedicated ladies branches and 19 ladies sections in other branches, as well as 20 self-service electronic branches

A branch in London and Offices in Houston (USA), and Singapore help us support the international banking needs of our clients. Riyad Bank’s investment banking arm Riyad Capital 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.”

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 are now 2,542 distributed in strategic & carefully selected locations.

Financial Performance

Riyad Bank has achieved SR 1,079 million as net income up to 31 March 2014 as compared to SAR 951 million last year, an increase of 13.5% with total operating income increasing to SR 1,932 million against SR 1,725 million last year an increase of 12.0%

Financial Strength

Total assets as at end of March 2014 reached SR 211,405 million against SR 186,450 million last year an increase of 13.4%. Customer deposits grew by 11.1% to reach SR 159,947 million against SR 143,964 and loans and advances, rose by 13.1% and stood at SR 136,770 million against 120,922 last year.  

Standard & Poor’s Rating Agency raised its long-term liability rating for Riyad Bank to (A+)
and (A-1)for short-term liability. The international Fitch Ratings Agency also maintained the (A+) rating for long-term liabilities and (F1) credit ratings awarded for short-term liabilities.

Additionally, Capital Intelligence Agency has awarded the Bank (AA-) for long-term liabilities and (A1+) for short-term liabilities. These agencies have affirmed these ratings after confirming a stable outlook for the Bank.