Press Releases

<p>Riyad Bank launched its new personal finance campaign for pensioners of The General Organization of Social Insurance and The Public Pension Agency, which allows them an opportunity to get special offers on personal finance with the best prices and a wide range of benefits.</p><p>Saleh Al-Saif, Senior Vice President and Head of Personal Services and Products at Riyad Bank, said that the deep understanding of every segment's needs and requirements as well as the bank's constant strive to enhance its products were the reasons behind the launch of this personal finance campaign. Al-Saif explained that Riyad Bank set out easy conditions, such as a minimum monthly income of SR 2,000, payment plan up to 5 years(60 months) provided that the age of the customer does not exceed 70 years at the last installment date. He stressed that applicants will get an instant approval on Commodity Murabaha or Local Shares Murabaha in a shariah-compliant manner with speedy execution.</p><p>Al-Saif added that Riyad Bank prepared a pricing list for pensioners with salary assignment starting from SR 2,000 as the minimum monthly income and up to SR 20,000. He pointed out that applicants can view all information related to the campaign on Riyad Bank website or by contacting the sales support officer in their region.</p>