Press Releases

Riyad Bank inaugurated a new private banking center in Riyadh, on Tuesday , June 8, 2021, in the presence of Eng. Abdullah bin Mohammed Al-Issa, Chairman of Riyad Bank, Mr. Tariq bin Abdulrahman Al-Sadhan, CEO of Riyad Bank, executive management, and a number of senior patrons.

The Real Estate Development Fund announced today that it has signed a partnership agreement with Riyad Bank, at the fund’s headquarters in Riyadh, to provide financing and housing services to beneficiaries of the “Sakani” program within the fund’s branches around the Kingdom.

Riyad Bank launched a campaign for its new real estate finance product, which allows customers to obtain financing within 10 days, deferring the first three installments and providing free administrative fees. For all completed or under construction residential real estate in all cities and around the Kingdom, in addition to real estate completed by at least 50% as per the credit policy of Riyad Bank, besides subsidized financing programs and Al-moyassar home mortgage in cooperation with the Real Estate Development Fund and the Ministry of Housing.

King Abdullah Economic City, November 8, 2020: Riyadh Bank and King Abdullah Economic City have signed a joint cooperation agreement today, at a signing ceremony held in the Economic City, in the presence of Mr. Tariq bin Abdulrahman Al-Sadhan, CEO of Riyadh Bank, and Mr. Ahmed Ibrahim Linjawi, CEO of King Abdullah Economic City.

Riyad Bank signed a cooperating agreement with the real estate development fund to provide support services that are related to property evaluation and technical visits to follow up with the self-build phases for the beneficiaries from the subsidized home financing at the real estate headquarter in Riyadh city. The agreement was signed by the general supervisor of the real estate development fund Mr. Mansour bin Madi and Riyad Bank CEO Mr. Tareq Alsadhan.