Press Releases

<p>Within the framework of its continuing efforts to support the Saudi Vision 2030, Riyad Bank launched the “Business Initiatives and Enablers Development Center”, which is the first center in the Kingdom and at the level of Saudi banks specialized in developing initiatives to support business enablers for government and private entities in a manner consistent to participate in achieving the goals of the Kingdom's vision 2030 and the G20 goals as well as global indicators of competitiveness and ease of business.</p><p>Among the objectives of the center is the design of support options according to the business capabilities in each sector, and the ability to test initiatives through the center before the actual launch, with the facilities and entities benefiting from the center’s database in identifying appropriate initiatives, in addition to the center being a link between the parties for cooperation and uniting efforts through One platform for installations.</p><p>The center’s strategy aims to align with the goals of the Saudi Vision 2030, recommendations of the G20 and the Kingdom’s global indicators in competitiveness and ease of business, through applying the methodology of "comprehensive success" between initiatives to enhance complementarity, speed and quality in launching and implementation while reducing costs for the initiators and beneficiaries.</p><p>It is worth noting that Riyad Bank is the first bank to launch an office to achieve the Saudi Vision 2030, and this new initiative comes to develop the office's business and a step up to an advanced stage in line with the great development witnessed by the Kingdom, therefore confirming Riyad Bank's keenness to effectively contribute to achieving the goals of Saudi Vision 2030 holding on its full national responsibility, confirming Riyad Bank is not limited to banking, but extends its role beyond contribution ,participation and interaction in various national fields.</p>