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Euromoney renews Riyad Bank's selection for the "Best bank for SMEs " and "Best bank for Diversity and Inclusion Bank" awards in Saudi Arabia

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22-May-2024

In a new crowning, Riyad Bank achieved the third place in the top 50 brands that in the field of social responsibility in the private sector according to the classification issued by the National Center for Responsibility and Studies in partnership with Forbes Middle East magazine.

<p>In a new recognition of its leadership in the Saudi and regional banking industry, Riyad Bank won the "Best Bank for Small and Medium Enterprises" and "Best Bank for Diversity and Inclusion" in the Kingdom of Saudi Arabia, at the Euromoney Magazine Awards, which are awarded in honor of the most distinguished and competitive banking institutions. Riyad Bank's crowning of these two awards is based on the evaluation and recommendation of the Euromoney Awards Jury, which includes a group of experts, specialists, and independent consultants, and based on a series of evaluation criteria that showed Riyad Bank's excellence in adopting qualitative initiatives and practices that contribute to supporting the SME sector. The bank's eligibility for the "Best Bank for Diversity and Inclusion" award came for the bank's proactive social responsibility initiatives to integrate, employ and empower persons with disabilities and provide a stimulating and adaptive work environment for their needs, in addition to the steps it has taken to provide banking services for persons with disabilities and ensure branches compatibility to receive this segment of society. It is noteworthy that SME and emerging businesses sector is among the strategic axes that the bank fully support in a way that enhances their contribution to the national economy and boosts their developmental and social impact in line with the objectives of the Kingdom's Vision 2030, by providing financing and advisory facilities that enable the owners of these enterprises to develop their businesses and stimulate their productivity.</p>

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