Press Releases

<p>Riyad Bank signed an MoU with the Ministry of Investment recently to enable foreign companies relocating their headquarters to the Kingdom to access digital banking with ease and efficiency and in accordance with international best practices.</p> <p>Employees of those companies will be offered fast and efficient procedures to open accounts, issue banking cards, join special memberships and identify relationship managers, all services will be made available upon arrival to Saudi Arabia and prior to issuing a work permit, in order to help them settle faster.</p> <p>The bank explained that these banking facilities and services will be provided within advanced digital solutions, and in accordance with the best international practices, as a contribution from Riyad Bank to supporting the investment environment in the Kingdom and providing distinctive facilities that support efforts to enhance the economy and diversify investments in the Kingdom, based on Riyad Bank's leading role as a banking partner for Vision 2030.</p> <p>Riyad Bank is one of the most prominent partners of the "Regional Headquarters" program, which was recently launched by the Ministry of Investment and aims to provide a range of solutions, procedural facilities, benefits, and incentive services, as part of the joint efforts to facilitate businesses to attract qualitative investments with a strategic impact on the economy.</p> <p>The bank expressed its pride in signing the MoU with the Ministry of Investment, and its readiness to create digital solutions and facilities to enable companies wishing to invest and relocate their regional headquarters, and to harness its high potential to support investors to expand their investments in the Kingdom by providing distinctive financial, credit and banking solutions, and facilitating banking procedures.</p>