The Social Development Bank signed an agreement with Riyadh Bank, to implement and launch an innovative savings product that stimulates children. The agreement was signed by the bank, CEO of the Social Development Bank Ibrahim bin Hamad Al-Rashed, and by Riyadh Bank, CEO, Tariq bin Abdul Rahman Al-Sadhan, in the presence of a number Bank leaders and executives.
<p>The Social Development Bank signed an agreement with Riyadh Bank, to implement and launch an innovative savings product that stimulates children. The agreement was signed by the bank, CEO of the Social Development Bank Ibrahim bin Hamad Al-Rashed, and by Riyadh Bank, CEO, Tariq bin Abdul Rahman Al-Sadhan, in the presence of a number Bank leaders and executives.</p><p>The agreement also includes listing Riyad Bank as one of the approved Saudi banks for the “Zoud” savings product, as an extension of the previous agreements with a number of commercial banks, to expand the options for the customer in choosing the appropriate commercial bank for him to participate in the “Zoud” savings product.</p>