Banking Made Easy for You
Let us simplify your financial life
Join Riyad Bank for secure, seamless, and stress-free banking. Take the first step today.
Ubour Initiatives
Back
Back
Ubour Initiatives
An initiative between the Ministry of Transport and Logistic Services and Riyad Bank that contributes to support
Initiative Objectives
Initiative Objectives
- Enhancing non-oil GDP
- Increasing local content
- Stimulating local & foreign investors to enter and expand in the transportation and logistics sector
- Digital transformation
Read more
How to apply
How to apply
Entities can apply to the initiative by filling out the joining application or by communicating via the following email: UBOUR@riyadbank.com
Read more
Targeted sectors
Targeted sectors
- Roads, Bridges, and Tunnels
- Air Transport
- Land Transport
- Shipping Transport
- Logistics
- Railways, Airports, and Ports
Read more
General conditions
General conditions
- Entity Age: All Ages (new and existing)
- Entity Segments: All Segments (Micro, Small, Medium, Large and Mega Project)
- Activity Age: All Ages (new and existing)
- Company Nationality: Saudi & Foreign (have office in KSA)
Read more
Purpose of financing
Purpose of financing
- Establishment and operation of the activity
- Assets (construction, leasing and purchase)
- Working capital (salaries and operating expenses)
- Deduction of logistics and supply chain bills.
Read more
Facilities types
Facilities types
- Loans
- Letters of credit
- Letters of guarantee
- Discounting bills and contracts
- Financial advisory
- Discounting bills and contracts
- Agency services
- Syndications loans
- Installment and financing products for the company's customers
- Cash management products and services
- Company's financial management products
- Sales and electronic payment products for the company's website
- Job loyalty products for company employees
Read more
Contact numbers
Contact numbers
- +966-11-401-3030 Ext. 5952
- +966-11-401-3030 Ext. 2691
- +966-11-401-3030 Ext. 5601
- +966-11-401-3030 Ext. 3218
UBOUR@riyadbank.com
Read more
Apply now - Ubour Initiatives
Please complete the form below
Thank you, we will contact you soon.
Need help?
Riyad Line:
800 124 2225
