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RIYADH — The swift introduction of integrated stimulus and support measures by the authorities as soon as the coronavirus crisis reached Saudi Arabia, and their part in enabling local banks to bolster the real economy, are explored in a new COVID-19 Response Report (CRR) by Oxford Business Group (OBG), produced with Riyad Bank.
Riyad Bank awarded recently “Best Employer Brand for the banking sector” presented by Global Business Outlook, which was granted for the bank’s works on developing the employees and providing a special working environment by creating a motivational working environment with development programs.
With SAMA support, Riyad Bank announced their providing of “secured financing” which provide SME’s with financing up to 15 million to ensure the continuity of its business.
Riyad Bank ranked as one of the strongest 40 Arab institutions in the world in Forbes list ranking the 12th in the Middle East level, based on 4 standards, sales, profits, assets, and market value. Forbes issues yearly a list for the biggest 2000 companies that listed in the world stock markets.
According to the Royal order to partially lift coronavirus curfew national wide and in line with SAMA instructions, Riyad Bank announced resuming work gradually in branches in the Kingdom regions, with effect from 28 April 2020 at 10:00 AM until 3:00 PM.