Press Releases

<p>As part of its remarkable and diverse finance programs under the slogan: “0% profit margin for 6 months”, Riyad Bank launched a new personal finance campaign with competitive rates and diverse options.</p><p>Saleh Al-Saif, Senior Vice President and Head of Personal Services and Products at Riyad Bank, confirmed that this campaign provides personal finance in the form of commodity Tawarruq and local shares Murabaha with 0% profit margin for the first 6 months, based on solutions that meet all customer requirements.</p><p>According to Al-Saif, customers will receive many benefits and advantages including instant approval, cash liquidity, competitive profit margin and different Shariah-compliant financing forms. He pointed out that the offer is valid until 30 June 2016, for new and additional finance, only for a minimum financing term of 48 months and not exceeding 60 months. While the offer does not include refinancing requests, the Bank is offering special refinancing rates to all segments.</p><p>Al-Saif referred the customers’ growing confidence in Riyad Bank’s products to the compatibility of these products with the customers’ requirements and financing needs, as well as the competitive prices and the high added value of these products.</p>